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View Full Version : Failure to pay mortgage


DONALD LONG
Apr 25, 2009, 12:28 PM
I hold a mortgage in which the buyer has not paid his agreed to monthly payments in over 4 months. What do you suggest in doing to get something going?

needadvice1
Apr 25, 2009, 12:30 PM
Is there a lease agreement in place?

LisaB4657
Apr 25, 2009, 01:06 PM
Send the buyer a notice that they are in default of the loan and if you don't receive a payment within the next 10 days you'll start foreclosure proceedings.