Welcome to Foreclosure Help Guide
Foreclosure Government Help Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
Do You Need Help in the Foreclosure Process?
from:When you find yourself in the throes of foreclosure, help can seem unobtainable. There are many organizations that offer programs for those who need help in the foreclosure process. The internet is a great place to access information on these organizations. Many government and non-government agencies will offer this if you need help in the foreclosure process free of charge. Others are in the foreclosure business to make a profit. There are still others that are considered fraudulent and will take advantage of a desperate home owner. The best way to arm yourself against these harmful organizations is through research.
The HUD (US Department of Housing and Urban Development) web site is a great source of information when you need help in the foreclosure process. They will give you contact information for HUD approved counselors. These counselors will be able to review your current situation and give specific advice of options that will help your situation.
Many law firms specialize in helping those in need of help in the foreclosure process. They will help you to form a foreclosure defense, if necessary. They can review your current mortgage agreement and determine if predatory lending was factor. This tends to be a costly option for help in the foreclosure process. Exhausting the free assistance is the best decision before accessing this type of help.
There are also many private companies that will contact you once the foreclosure process is started. These companies claim to assist those in need of help in the foreclosure process, but caution needs to be used as they don’t always have your best interest at heart. Many of these companies profit from the misfortune of others and are not always legitimate. Be wary of people offering easy solutions to your problems. Never sign anything that you don’t understand. Always ask informed questions and don’t agree to work with any one company without first doing research on their history. The Better Business Bureau is a good resource for checking the validity of these companies.
When you need help in the foreclosure process, it is readily available, but you have to go after it and find it. Talk to your lender. They are the best source for finding help in the foreclosure process. Make sure you talk to the early on in the process. There are more assistance programs that are available if you have only missed 1-2 payments. The farther behind you get the less help in the foreclosure process is available. They have as much at stake in your foreclosure as you do. Research found that lending institutions lose an average of fifty to sixty thousand dollars for every foreclosure. They are in the mortgage loan business, not owning or selling houses. It is in their best interest to help you save your house and keep them out of the foreclosure process as well.
Foreclosure Government Help News
Billion dollar bait & switch: States divert foreclosure deal funds
States have diverted $974 million from this year's landmark mortgage settlement to pay down budget deficits or fund programs unrelated to the foreclosure crisis.
Read more...GreenPath Debt Solutions Takes Part In Government Housing Counseling Study
Pre-purchase and foreclosure prevention counseling deemed as a positive for individuals and families
Read more...Experts say now is the time to buy, even for foreclosure victims
They're the unlikely buyers in today's housing market, but there's no doubt about it, foreclosure victims are making a surprising comeback.
Read more...Florida Foreclosure and Short Sale Experts Help Homeowners Avoid Foreclosure without Bankruptcy
Florida foreclosure and short sale experts at AvoidForeclosure.com have expanded programs nationwide to help homeowners avoid foreclosure. The new services provided include alternative ways to stop foreclosure without requiring an attorney or filing bankruptcy.Jacksonville, Florida (PRWEB) April 22, 2012 Florida foreclosure and short sale experts have the unfortunate task of viewing the face of ...
Read more...Foreclosure-prevention efforts face obstacles in Sacramento
A legislative panel called to rescue two stalled foreclosure-prevention bills is bogged down, and Gov. Jerry Brown wants to use part of California's share of the national mortgage settlement to trim the state's budget deficit. SACRAMENTO — Efforts to ease California's foreclosure woes, among the worst in the nation, are running into roadblocks at the state Capitol.
Read more...