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Foreclosure Information:Below are just a few links that can be helpful on foreclosure information. If you would like additional information feel free to contact me and I would be happy to assist you. Help for Foreclosure homeowners: Rent plan may keep you in your homeLosing your home to foreclosure may no longer mean you have to leave. Congress and the Obama administration are considering a controversial plan that would allow homeowners to rent their foreclosed home for at least five years. The proposal is... 5 Tips from the Federal Reserve for avoiding Foreclosure scams1. Work only with a nonprofit, HUD-approved counselor. Federal Trade Commission information if you can't make your mortgage payments Mortgage Payments Sending You Reeling? Here’s What to Do OCC Customer Assistance Group site for consumer complaints.Consumer Complaints and Assistance. The Controller of the Currency's consumer information site for bank related questionsWe designed the site to provide answers and solutions for customers of national banks. Federal mortgage modification and refinancing programsAre You Eligible? NeighborWorks America is available to help at risk homeowners.NeighborWorks America creates opportunities for people to live in affordable homes, improve their lives and strengthen their communities. Hope Now is available to help at-risk homeowners.Seeking Assistance with a Free Counselor? HUD is available to help at-risk homeownersHUD sponsors housing counseling agencies throughout the country to provide free or low cost advice. Foreclosure sales stalled by red tapeWASHINGTON – April 14, 2009 – Anxious to meet the bank’s demands for quick action, Andrew Garcia and his fiancée, BethAnne Hoffmann, rushed to find financing to buy a foreclosed-on house in a lovely tree-lined Baltimore neighborhood. Should you buy a foreclosure?If you've considered buying a house in foreclosure or one that's on the brink, you're seeing lots of opportunities now. But before you jump in, ... The Stages and Phases of the Foreclosure ProcessForeclosure is the sequence of legal proceedings by which a lender sells or repossesses a home when the homeowner has stopped making payments on the mortgage. As a homeowner, understanding the individual steps of the sequence is critical to understanding your rights and responsibilities along the way. |
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