February 13, 2014
Welcome to my little part of snowy New England. We got a light dusting of snow about an hour an a half ago, and now it seems to have stopped for a while. Gosh, I hope this is not the calm before the storm! According to the weather forecast, it is about 28F degrees right now, and we are supposed to be getting snow and rain and more snow. It could end up being 5-8 inches total of snow before the end of tomorrow.
I went into my archives and dug out some photos that I took one year ago this week. It shows some of the huge piles of snow that we had all around the driveway. My driveway is really large, about the size of a small parking lot. There was too much snow for the plow and no place to put all the snow, but the guy did the best he could. The second shot is one of our Juncos braving the storm.
I took this next photo through the living room window at work that same week. As you can see by the large snow piles, they were also running out of places to put all the snow.
Now, about my important meeting yesterday, it was a milestone for me. I met with a bank lawyer for a closing on my new mortgage. Early last Fall, I applied for a reverse mortgage. This is a program for seniors over the age of 64, and was designed to make it easier for them to keep their homes and still be able to live comfortably.
For years, so many folks have signed up for this, and then abused the program by taking the money and leaving the house behind. This prompted for the government to make a lot of new laws that made it rather difficult for more seniors to use this program.
I applied, and was approved last Fall. However, all these new laws has made it difficult to get through the whole process. I finally made it through, and yesterday I signed the papers for my new reverse mortgage. It will take a couple of weeks for all the different bank papers and such to go through, but everything will be settled before the end of the month.
What is a reverse mortgage? Basically, it's a regular mortgage, but you don't make any payments, and can stay in your home until the day you die. At that time, the house gets sold and the bank gets paid their money. I did a lot of research on this, and it seems to be a good program for me.
Last night DIL Janet came for supper and helped me a bit with my tax stuff. She is just getting over a nasty bout with a virus bug so we had lots to chat about. She hasn't been able to come by for a couple of weeks and I've really missed her.
Today I'll spend a little time working on the tax stuff, and then I'm going to play on my laptop for a while. I need a bit of creative time for my brain. lol. So, till tomorrow, Y'all stay warm and have a wonderful day.
Hugs, Edna B.