Comments on: Paying Homeowner’s Insurance Yourself, Even With Escrow http://www.mymoneyblog.com/paying-homeowners-insurance-yourself-even-with-escrow.html Personal Finance and Investing Blog Sun, 12 Feb 2012 01:43:13 +0000 hourly 1 By: sth_txs http://www.mymoneyblog.com/paying-homeowners-insurance-yourself-even-with-escrow.html#comment-166499 sth_txs Sun, 11 Jul 2010 02:19:03 +0000 http://www.mymoneyblog.com/?p=8314#comment-166499 I pay my own property tax and home owner's insurance. This is reported to the credit union that has it. Not a big deal unless you are totally disorganized. I pay my own property tax and home owner’s insurance. This is reported to the credit union that has it.

Not a big deal unless you are totally disorganized.

]]> By: Cameron http://www.mymoneyblog.com/paying-homeowners-insurance-yourself-even-with-escrow.html#comment-166427 Cameron Thu, 08 Jul 2010 23:46:05 +0000 http://www.mymoneyblog.com/?p=8314#comment-166427 I got out of my escrow, and pay my insurance and property taxes myself. I have to make 2 payments a year. It's pretty simple and way easier to follow than what seemed to be an ever changing escrow account I got out of my escrow, and pay my insurance and property taxes myself. I have to make 2 payments a year. It’s pretty simple and way easier to follow than what seemed to be an ever changing escrow account

]]> By: rewards http://www.mymoneyblog.com/paying-homeowners-insurance-yourself-even-with-escrow.html#comment-166422 rewards Thu, 08 Jul 2010 22:34:48 +0000 http://www.mymoneyblog.com/?p=8314#comment-166422 How is this risky? Our home owners insurance lets us pay with a credit card, which means that we can get cash back on the payments. As long as we can pay off our balance each month, where is the risk? How is this risky? Our home owners insurance lets us pay with a credit card, which means that we can get cash back on the payments. As long as we can pay off our balance each month, where is the risk?

]]> By: Chad http://www.mymoneyblog.com/paying-homeowners-insurance-yourself-even-with-escrow.html#comment-166414 Chad Thu, 08 Jul 2010 19:22:18 +0000 http://www.mymoneyblog.com/?p=8314#comment-166414 No way! This is not going to work on average. I agree with Free Classified Blog. This is way too complicated and risky (read: Don't Do It). No way! This is not going to work on average. I agree with Free Classified Blog. This is way too complicated and risky (read: Don’t Do It).

]]> By: Marshall http://www.mymoneyblog.com/paying-homeowners-insurance-yourself-even-with-escrow.html#comment-166388 Marshall Thu, 08 Jul 2010 02:38:13 +0000 http://www.mymoneyblog.com/?p=8314#comment-166388 Interesting idea, we looked at that option when getting our mortgage. You could also get the benefit of cash back from your credit card or airline miles, points, rewards etc. by making these payments yourself. In the end we just went with the escrow paying for taxes and homeowner's insurance because of convenience. Thanks for your consistent quality posts. Interesting idea, we looked at that option when getting our mortgage. You could also get the benefit of cash back from your credit card or airline miles, points, rewards etc. by making these payments yourself. In the end we just went with the escrow paying for taxes and homeowner’s insurance because of convenience. Thanks for your consistent quality posts.

]]> By: Free Classifieds Blog http://www.mymoneyblog.com/paying-homeowners-insurance-yourself-even-with-escrow.html#comment-166387 Free Classifieds Blog Thu, 08 Jul 2010 02:26:25 +0000 http://www.mymoneyblog.com/?p=8314#comment-166387 I think it's too much hassle for a little savings. And one mistake can wipe out you entire year's savings. I think it’s too much hassle for a little savings. And one mistake can wipe out you entire year’s savings.

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