What to Do if You Can't Make Your Mortgage Payment

Posted from: http://www.zillow.com/blog/if-you-cant-make-mortgage-207198/

By Elizabeth Weiss

Living paycheck to paycheck is not uncommon for many homeowners.

And sometimes, when you find yourself in a bind and you’re struggling to make the next mortgage payment, you may be tempted to try to skip a payment, thinking you can repay it later once you get back on track.

But a passive approach to a financial issue – particularly one involving something as impactful as your mortgage – is not advisable. Being proactive and straightforward wit…

Posted from: http://www.zillow.com/blog/if-you-cant-make-mortgage-207198/

By Elizabeth Weiss

Living paycheck to paycheck is not uncommon for many homeowners.

And sometimes, when you find yourself in a bind and you’re struggling to make the next mortgage payment, you may be tempted to try to skip a payment, thinking you can repay it later once you get back on track.

But a passive approach to a financial issue – particularly one involving something as impactful as your mortgage – is not advisable. Being proactive and straightforward wit…

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