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Should I keep making my mortgage payments if I'm selling my home?
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Yes, it is important for retaining a good credit score that you keep current all payments for any mortgages you have. Even though your property is under contract and the contract has gone hard you need to keep paying your monthly installments.
That will reduce the payoff amount and overall you will have spent the same amount of money without endangering your credit score. That way when it comes to buying a new home your credit score will allow you to obtain the best possible rates for your new mortgage. |
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