ONE: Thanks everyone for your opinions on my post a couple of days ago. It's so nice to receive some validation that I'm won't be making a stupid decision to transfer some of this credit card debt to the HELOC. I am sure I'll be able to keep the Chase balance separate not only in mind (because of my "bucket" problem), but the monthly statements will separate it for me too since it will be at a different interest rate than the amortized portion. I've checked and any extra payments are applied toward the variable rate balance (the credit card portion) so that was another one for the "pro" column in my decision process. And I might just transfer that balance on the Bank Credit Card too. I'm going to give it a few months and see how I feel about it before I make that move though. Like I said, the payment due date for Chase is the 23rd, so I'm setting up all the payments/transfers online this weekend!
TWO: I got the phone call from my tenants (the wife). As I suspected, they are anxious to take advantage of the $8,000 first-time homebuyer credit and they are under contract to buy their first home. The good news is that her sisters (who live together) have a lease that is up in June, and they want to move in!!! Assuming their credit checks out okay, I won't have to bother with advertising, showing the property, and probably won't even miss a month's income. I have really been proud of myself for not worrying about this situation, and I'm so glad I haven't wasted precious time worrying about all the "what if's".
THREE: I got my escrow analysis for the primary mortgage. This was a refinance in April of 2009, and it seems they always overload the escrow account whenever a new loan is originated. I'll be getting a refund of over $400 in the next month or so. Not sure yet where I'll plop those unanticipated dollars. My first thought is to put it back in savings, since I had to pull money out of savings when I closed the loan last year. But....I have time to mull that over. Either way that's another $400+ I can put towards my 2010 net worth funding goal.
FOUR: It appears my tickers disappear when there has been no new updates. The Rental Mortgage (which was paid off with the refinance back in November) is now MIA. I need to get that added back. Kind of a pain, but my OCD side wants to be able to see ALL the progress since the start of this blog.
Monday, Money saving madness, cheese ball recipe - At grandma's we do our morning chores, we take our bottle with for a snack because collecting eggs is hard work. Grandma and I dress alike and we don'...