Posted on: 08th Jul, 2013 01:47 am
We have already missed 2 payments on our trailer. On our way to miss the 3rd one. When will the lender come after us and tell us to move out of the property?
Hi Bora,
If you default your mortgage payments for 3 months or more, then the lender will come after you and start off with the foreclosure process.
Thanks,
Jerry
If you default your mortgage payments for 3 months or more, then the lender will come after you and start off with the foreclosure process.
Thanks,
Jerry
Hi Bora!
Welcome to the forums!
As you have already missed 2 payments, it will be better if you could contact your lender immediately and apply for some mortgage relief option. This will help you save your property from foreclosure.
Feel free to ask if you've further queries.
Sussane
Welcome to the forums!
As you have already missed 2 payments, it will be better if you could contact your lender immediately and apply for some mortgage relief option. This will help you save your property from foreclosure.
Feel free to ask if you've further queries.
Sussane