EPISODE · Apr 6, 2026 · 18 MIN
This Is What the Bank Does After One Missed Payment⎟Ep. 2399
from The Property Academy Podcast · host Opes Partners
Miss one mortgage payment… what actually happens next?In this episode, Ed and Andrew walk through the exact step-by-step process banks follow when you stop paying your mortgage – from the first missed payment all the way to a mortgagee sale. You’ll learn: The 7-step process banks follow How long does it really take before a home is sold Why one default could put your entire property portfolio at riskThe key takeaway? Missing one payment isn’t the end of the world – but ignoring it is. The earlier you act, the more options you have. And in tomorrow’s episode, we’ll talk about how choosing the right mortgage broker can help you set things up properly from the start.Don't forget to create your free Opes+ account and Wealth Plan here.For more from Opes Partners:Sign up for the weekly Private Property newsletterInstagramTikTok
What this episode covers
Miss one mortgage payment… what actually happens next?In this episode, Ed and Andrew walk through the exact step-by-step process banks follow when you stop paying your mortgage – from the first missed payment all the way to a mortgagee sale. You’ll learn: The 7-step process banks follow How long does it really take before a home is sold Why one default could put your entire property portfolio at riskThe key takeaway? Missing one payment isn’t the end of the world – but ignoring it is. The earlier you act, the more options you have. And in tomorrow’s episode, we’ll talk about how choosing the right mortgage broker can help you set things up properly from the start.Don't forget to create your free Opes+ account and Wealth Plan here.For more from Opes Partners:Sign up for the weekly Private Property newsletterInstagramTikTok
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This Is What the Bank Does After One Missed Payment⎟Ep. 2399
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