If a payment slipped — or a few did — here is the first thing worth knowing: a missed mortgage payment is not a foreclosure. It is the start of a clock, and there is still a lot of room on it.
I walk through the whole sequence in the video below: what the lender can and cannot do, when the timeline actually starts, and the point where a conversation stops being optional. If you would rather have it in writing, I have also covered what actually happens when you are behind on your mortgage in Florida, and how many months behind you can be before foreclosure starts.
One more thing that comes up constantly, and almost nobody asks out loud: how to tell your spouse you are behind on the mortgage. That conversation is usually harder than the letter.
Talk it through
Call or text 941-737-6562, or email linda@reynoldsrealty.com. No judgment, and no pressure to decide anything today.
No judgment. Just options.