Tuesday, January 22, 2008

Foreclosure Help for Consumers

It's a fact. Nevada has held the lead during the past year for the highest number of real estate foreclosures. A number of resources are available for those homeowners facing foreclosure due to the sheer amount of subprime loans and predatory lending that are now affecting our economy so adversly.

1. Information from the White House about Hope Now a plan to help those on the brink of foreclosure keep their homes.

2. Foreclosure Resource Page for consumers from the Federal Government.

3. Nevada Department of Business of Industry Foreclosure Page has listed clear steps for those who are worried. These steps outline simply what options are available. Also includes information on how to avoid foreclosure recovery scams.

4. Local Area Housing Counselors list from HUD. (Such as Consumer Credit Counseling Services that give free housing and debt counseling for all incomes).

5. Local non-profits such as Housing for Nevada and Nevada Fair Housing Center who offer free counseling to those applying for loans or are facing foreclosure regardless of income.