When a homeowner accepts a purchase agreement and their property goes under contract with a buyer we find that many sellers are curious if they have to make their upcoming mortgage payment. It is very important that the property owner continues to make their mortgage payment on time especially if the homeowner is planning to buy another home. Not making your mortgage payment will create several challenges that you will want to avoid.
- You will be charged a late fee due to your delinquent mortgage payment.
- Your credit score could take a hit which could jeopardize your ability to get a new home loan.
Thanks for watching this episode of Two Minutes on Tuesday!
Sam Miller of REMAX Stars Realty
710 South Main Street
Mount Vernon, Ohio 43050
740-397-7800 office
#TwoMinutesOnTuesday
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