I can't think straight lately, so let me check with the group here before I make a big mistake....
I've been trying to close & sell Flip #1 now all month, and it's been pushed back until Monday or Tuesday (Yet again). Money is the last day I can pay my mortgage without a late fee -- So if it closes on Tuesday, should I bother to make another payment on Monday -- or should I just let the loan go late and incur the $10 late fee, and not make a payment period -- Saving myself 1 months mortgage (About $500 in this case).
Seems like logical thinking... After all, they don't report you to the credit bureau until you are 30 days late, right? I think I'm good here, just want to verify it.
Cheers,
- Hakrjak
I've been trying to close & sell Flip #1 now all month, and it's been pushed back until Monday or Tuesday (Yet again). Money is the last day I can pay my mortgage without a late fee -- So if it closes on Tuesday, should I bother to make another payment on Monday -- or should I just let the loan go late and incur the $10 late fee, and not make a payment period -- Saving myself 1 months mortgage (About $500 in this case).
Seems like logical thinking... After all, they don't report you to the credit bureau until you are 30 days late, right? I think I'm good here, just want to verify it.
Cheers,
- Hakrjak
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