Back in 2006 and 2007, I remember getting unpleasant letters from my mortgage holder which said something like, "Your escrow fund is less than your estimated taxes for next year. If you send us $300, then your mortgage will only go up by $50 a month". It was quite the shocking surprise. I didn't know mortgages could go up. This year, I got the good letter that said this:
Woo-hoo! Escrow surplus! It went on to say that my monthly payment will go down by $6. Money back AND a lower payment!
So, what will I do with my $102? Well, unfortunately, I just realized that I am responsible for keeping my part of the alley weed-free. It's a jungle back there. If someone complains, I can be fined $100 to start. I called a landscaper and will find out the quote tomorrow. I hope it isn't too much because I really don't want to spend my early mornings on the weekend hacking down weeds and cactus. I mean, I will if I have too. I do own a weed-eater and a rake but sometimes I would rather pay other people to do things especially when there could be snakes in there. Ick.