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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] wise or not wise Posted by gcastro on December 10, 2003 at 8:10 PM I am waiting for escrow to close on the sale of my property. The problem is that the escrow company is taking more time than I tought. It was supposed to close today December 9th, but it didn't. Escrow will close in about one more week. My dilema is weather I should make my mortgage payment (which I bought subject-to) or not. What I mean is: Would I be saving money by not sending the mortgage payment since we are so close to closing and wait a week until it closes? Or should I make the payment to avoid being late. The loan has been in place for 3 years and it is a 30 year loan,so most of the money I send would go to pay towards the interest. Is it financialy smart not to send the payment? Follow Ups: Re: wise or not wise Lughead 11:44 AM, 12/11/03 (1) thanks! (nt) gcastro 12:12 AM, 12/11/03 (0) Re: wise or not wise Rick Harmon 7:46 AM, 12/11/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : I am waiting for escrow to close on the sale of my property. The problem is that the escrow company is taking more time than I tought. It was supposed to close today December 9th, but it didn't. Escrow will close in about one more week. My dilema is weather I should make my mortgage payment (which I bought subject-to) or not. What I mean is: Would I be saving money by not sending the mortgage payment since we are so close to closing and wait a week until it closes? Or should I make the payment to avoid being late. The loan has been in place for 3 years and it is a 30 year loan,so most of the money I send would go to pay towards the interest. Is it financialy smart not to send the payment? Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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