As I feared and predicted, we have a massive, over $2000+ escrow shortage. Therefore, with out paying $1800+ out of pocket before may 1, our mortgage would increase by $221 monthly. However unless a sudden emergency occurs, we will be able to cobble together the necessary funds to allow our mortgage to only increase by $67 per month ($2300+, nearly $2400 with the perpetual $75 solar panel lease fee!) Supposedly, increased home insurance charges because of numerous nearby hail damage roof replacements, a 2019 tax assessor mistake and increased home value,has caused this massive mortgage increase.
Has any one else's mortgage increased this much so far in 2020 or are we just getting rooked again as usual in the not so Great State of Colorado?
Has any one else's mortgage increased this much so far in 2020 or are we just getting rooked again as usual in the not so Great State of Colorado?
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