For Our Protection

Tuesday, August 9, 2011

Last month, we started our first payment for the monthly amortization of our housing loan to purchase a new property, which will be our dream house. This means that the seller has accomplished all paperwork and the property is now under our name.

The only thing that is lacking is the mortgage protection life insurance that we have to get. We have weighed the pros and cons of getting an insurance and we have decided that we really have to get one for our protection. It is true that it will be an added expense in our monthly amortization but at least we know that we will be covered in case anything happens to us. The insurance will assure us that our kids won’t have to worry about a thing for our loan in case anything will happen to my husband and me.

I will just have y much needed Rest & Recreation this weekend and I promise when I get back from my vacation, I will start working on all our pending for the house so that we will be sure that everything is in place and in order before we move.