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Money Down the Drain

Just got a “congratulatory” letter from Washington Federal. In part, it says:

It's hard to believe the construction phase of your new home should be rapidly approaching the finishing stages.

Key words: should be.

In other words, since we've given you more than ample time to finish building your freaking house, if you're not ready for final inspection in the next ten minutes, we're going to hit you with a fee of 0.5% of the original loan plus recording and title endorsement fees.

And I am not going to be paying those fees. Will $4,000 put a fire under anyone's backside? Time will tell.

Alison Moore Smith is a 61-year-old entrepreneur who graduated from BYU in 1987. She has been (very happily) married to Samuel M. Smith for 40 years. They are parents of six incredible children and grandparents to two astounding grandsons. She is the author of The 7 Success Habits of Homeschoolers.