re: I Need Help - Any Advice is Needed

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Your insurance went up $585 a year. Something else is hitting your escrow. What about property tax? Did you lose homestead exemption and property tax is increasing?

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It's what Chadboy said. They want their cushion of $433 in the bank. Because of when they're going to pay the insurance, it's going to run a deficit of almost $500 because it'll already be at zero (I think technically less than zero) and they'll be taking out the $433 pretty much twice to get the cushion plus the shortage. Hence me owing $900+ dollars.

This shouldn't be allowed if you ask me, and if it is allowed, it should always be spelled out in clear letters. My fault for not insisting, but I called an insurance agent as a novice asking if this move would be good for my family. I wanted to know if we could afford it, and getting the house rented out - financially sound mind you - was in the top three of the list. Instead of saying, "Well here are the numbers," he said, "Nah, nah. You'll be insuring less because your personal property is moving, so you'll just pay renter's insurance for that." Then he shot the shite with me about football.