Sell Mortgage Note

With interest rates adjusting, property values dropping, and our economy getting worse every day, many Americans are in fear of foreclosure or missing their mortgage payments. Obviously, making a late payment or missing a payment is never a good thing. When you are over 30 days late, it will reflect a late payment on your credit report and in most cases, once you\’ve missed three payments, you\’ll no longer be qualified for a mortgage. Obviously, you should make your payments if possible, but what should you do if you can no longer afford your monthly payment?

This entry was posted on Tuesday, August 19th, 2008 at 1:59 pm and is filed under mortgages. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.