‘Local Records Office’ asks the question “What happens when you miss a mortgage payment?” This is a great question and just like many people would like to know it’s a very simple but complex answer. There are a lot of steps that need to be taken when the homeowner misses 1 or a couple of mortgage payments.

http://www.localrecordsoffices.net/happens-miss-mortgage-payments-local-records-office/

The possibility of losing your home because you can’t make the mortgage payments can be terrifying. Perhaps you’re having trouble making ends meet because you or a family member lost a job, or you’re having other financial problems.

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Or maybe you’re one of the many consumers who took out a mortgage that had a fixed rate for the first two or three years and then had an adjustable-rate – and you want to know what your payments will be and whether you’ll be able to make them.

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