Q&A: Should You Ever Stop Making Mortgage Payments?

A home seller wants to stop making monthly mortgage payments now that the Realtor has expressed a belief that the home will sell quickly. But there are huge risks associated with that plan, so I provide this home seller with some much-needed insight into the pitfalls associated with failing to make a mortgage payment. However, there are also instances when it’s not worth making the last month’s mortgage payment for a home that is already about to go to closing. So check out today’s Real Estate Minute for advice on when it’s safe to stop sending checks to your mortgage lender. Be sure subscribe to my YouTube channel for the latest real estate tips and news: http://www.youtube.com/subscription_center?add_user=expertrealestatetips And for more of my real estate and personal finance tips: Read my blog: http://thinkglink.com See my tweets: http://www.twitter.com/glink Follow me on Facebook: http://www.facebook.com/ilyceglink