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Real Estate Blog

Sell your home for full price, buy home with owner financing

Stop Foreclosures - These Resources Can Help
butterflylister
2/22/2008

Stop ForeclosuresWith the recent onslaught of foreclosures virtually crippling American families, the real-estate market and the economy, many people are flocking to the internet for helpful resources. 

Whether you are facing foreclosure, default, or delinquency, there are alternative resources available to you online.  Many government and private institutions are now making helpful information and resources easily accessible.

For instance, the U.S. Department of Housing and Urban Development has released several resources to troubled homeowners, including:

Freddie Mac, one of America's biggest buyers of home mortgages, is also offering distressed homeowners online resources, including:

The National Foundation for Credit Counseling, the nation's largest and longest serving national nonprofit credit counseling organization, has dedicated an entire site called the Homeowner Crisis Resource Center (also available in Spanish).  The site's resources include:

Similarly, the Home Loan Learning Center, a step-by-step informational website on how to become financially literate, is offering free online resources to aid ailing homeowners, including:

Additionally, Hope Now Alliance, is an alliance between counselors, servicers, Hope Now Logoinvestors and other mortgage market participants designed to maximize outreach efforts to homeowners in distress to help them stay in their homes. HOPE NOW has created a unified, coordinated plan to reach and help as many homeowners as possible.

  • HopeNow.com offers a free hotline to troubled borrowers at 1.888.995.HOPE

Finally, Butterflylister.com, a group of private investors, offers homeowners a dynamic and logical alterative to foreclosure by providing owner financing and other options.

Read other real estate blogs at http://www.real-estate-blogs.com/

 

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