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Homeowners Do Have Options to Save Their Home

October 20, 2009

For Immediate Release

Homeowners Do Have Options to Save Their Home

October 2009 Aurora, CO-Did you know there were an estimated 4500 individuals and families who filed for foreclosure in Aurora from January through August this year? Congressman Mike Coffman and Congressman Ed Perlmutter, in conjunction with the Aurora Association of Realtors® (AAR) and the City of Aurora Homeownership Assistance Program (HOAP) have put together a workshop called "Save your Home" to help prevent foreclosures and educate homeowners about the various options they have to save their home.

"Keeping people in their homes is important to turning this economy around and helps strengthen our communities," say Representatives Mike Coffman and Ed Perlmutter.

This free event is set for Saturday, November 7, 10 a.m. - 2 p.m. at Rangeview High School.  It is intended for people who have received a "notice of default," are behind in their mortgage payment, are at risk of losing their home to foreclosure or are struggling to make their mortgage payment and need housing counseling assistance.

Homeowners who attend can receive on-site home loan reviews and debt counseling in addition to numerous informative education sessions including "How to Talk to Your Lender," "The Foreclosure Process and Options," "Workforce Center Job Resources," "Protecting Against Fraud and Predatory Lending," and more.  Each session will be 30 minutes in length.

To receive a home loan review and/or debt counseling the homeowner must have:

            ●  Copies (not originals) of loan documents for all existing loans

            ●  Their most current mortgage statement

            ●  Bank statements and pay stubs for the last 30 days

            ●  Tax returns for the last two years and rental contracts or roommate agreements if applicable.

            ●  A completed registration form and intake form upon check in at the workshop.

"If homeowners have questions about how they can save their home, this is the workshop they need to attend," say Representatives Perlmutter and Coffman.

Members of the "Save Your Home" workgroup include representatives from Countrywide, Bank of America, Washington Mutual, JP Morgan Chase, Wells Fargo, Citibank, Ocwen Loan Servicing, Aurora Loan Services, Freddie Mac, Fannie Mae, HUD, Veterans Affairs, City of Aurora HOAP, Colorado Foreclosure Hotline, Colorado Housing Finance Authority (CHFA) Adams and Arapahoe County Housing Authorities and Public Trustees, lenders and the offices of Congressmen Perlmutter and Coffman.

Free parking is available in the lot west of the school building.  Rangeview High School is at 17599 E. Iliff Ave. in Aurora.

 




Posted on November 20, 2009 17:45:48 by Blog Author Scott.Shields
Scott.Shields
View my profile http://www.metrobrokerstv.com/homeowners-do-have-options-to-save-their-home

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