[TheBank] has valued the opportunity to provide your mortgage loan servicing. We are pleased to inform you that your mortgage loan referenced above has been paid in full.
This was the first paragraph in the letter The Bank sent to me today. I bought this house after I graduated high school. I wasn't old enough to own land in this state, so I had to get my parents to sign their names on the deed (they were the ones begging me to buy it anyway since it's on family land and my deadbeat cousin was way past foreclosing). When I turned 19, we went to a lawyer and had the deed switched to my name. I refinanced, for double the original purchase price, in 1999 so that I could finally complete the repairs on this place to make it decently livable (and now it needs tons more work - mold, eww! septic what? are those termites! what do you mean the wiring is faulty? new central air costs how much? more mold, double eww. OMG the money pit!). Some people buy vehicles that cost as much as my house, and they pay them off in 5 years. It took me longer and this place ain't much, but it's mine. Free and clear.