So, I deposited the check for our house sale yesterday at about 4:30. Of course, on the receipt, it said it would post today, but no. I do understand, though, as there will probably be a bigger lag because it's a bigger check. I just hope it doesn't take too long. I'm anxious to pay down the mortgage, and it's a holiday weekend, so waiting is going to drive me up the wall!
Anyway. The check was for about $128,700.
My plan thus far is to send $2,500 to savings, to replace the money I spent fixing the place up so we could sell it.
$118,000 to the current mortgage balance, to get us under $100,000 and on track for our 5-year mortgage pay-off plan.
The rest will be budgeted for a handful of projects on the new house. Since most of the work here is done, these are really the only big-money projects we have to do. Everything else is little stuff.
So, $1665 to have a gigantic dying tree with multiple split trunks removed. It's 50 plus years old and ready to fall on the house any second. Requires a crane, hence the price tag.
about $2,000 each (hopefully less, but the estimates are not in yet) for insulation in the attic and new gutters.
We may also have a handful of small plumbing and electrical projects done, depending on how much is left. Or, I might just send even more to paying down the mortgage.
Now if only the check would clear so I could get to work....
Waiting for the check to clear...
July 1st, 2011 at 08:59 pm
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