Run for election to the board of directors. You have no right to complain if you aren't involved with your condo homeowner's association. Our loan will be paid off in 2002. If you want to own your home free and clear but have no better place to invest your money, that's fine. Every principal payment you make is an investment at your mortgage's interest rate, such as 7 percent.
Many alternative investments pay better.
Thanks for sending me your complete list of lender charges, which seem quite reasonable. Lenders need this service because the tax collector does not notify lenders if the property taxes are not paid on time. The ALTA title insurance fee is for your mortgage lender's title insurance policy. ALTA stands for American Land Title Association, which sets the nationwide standard for lenders' title policy coverage. If the title proves defective for some reason, the ALTA title insurer will pay the mortgage balance in full.