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781-925-0095 | karen@karenmorleyrealestate.com
679 Nantasket Avenue, Hull, MA 02045

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Default

Failure to make the mortgage payment within a specified period of time. For first mortgages or first trust deeds, if a payment has still not been made within 30 days of the due date, the loan is considered to be in default.

Related Articles:
  • Glossary: Notice Of Default
  • Glossary: Mortgage Insurance (MI)
  • Glossary: Foreclosure
  • Glossary: Deed-in-Lieu
  • Glossary: Public Auction
« Back to Glossary Index

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Karen Morley Real Estate Logo

781-925-0095 | karen@karenmorleyrealestate.com
679 Nantasket Avenue, Hull, MA 02045

Best of Hull Award

Karen Morley Real Estate has been selected for the 2020 Best of Hull Award in the Real Estate category by the Hull Award Program.

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Proud Member of:

Mass Association of Realtors

Mass Association of Realtors

National Association of Realtors

National Association of Realtors

MLS Property Information Network

MLS Property Information Network

Hull Chamber of Commerce

Hull Chamber of Commerce

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