I enjoy three homes and I will be 60 days mortgage gift unpaid from presently on for respectively three homes same time?

I have three homes and I will be 60 days mortgage payment slowly from now on for each three homes same time
My query is how much my credit score would be reduced by the credit agency

My understanding is 60 days slow payment is around 100 points credit score drop but what about other 2 homes -
same time each 60 days belated payment . Is it still 100 point reduction or what ??
Answers:
More detailed answer available at http://www.freearticlesdb.com/finance/mo…
i suggest you divest yourself of 1 or 2 of those props. I can help. also, if you know you can clear
payments but will be late, ask the lender to re-write the note so that you will not be delayed.

in some cases, if you need bi-monthly due payments for x months, they will accommodate.

freshly make sure in 1-2 yrs, you can net up the tardyness. Source(s): RE broker
kkemper1(a)mindspring.com
The tangible estate situation is volatile now and I would be careful of mortal late with anything. The lenders and bank seem to be acting in outstandingly arbitrary and discriminatory ways from the Internal Revenue Service down to local government contractors like Thomas Safran Associates who owns so call affordable housing tax credit apartments. Source(s): http://www.youtube.com/watch?v=yBy138OqY…
http://www.hudincomeexclusions.wordpress…
that will take a 300 point deduction, 100 for respectively account.


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