There are many resources for guidance and assistance.
The Department of Housing and Urban Development (HUD) is a great resource for homeowners. They can help you evaluate your income and expenses to understand your options for free.
Call (888) 995-HOPE (4673) or visit them online.
Arizona Information Foreclosure Workbook is a tool to educate homeowners about the foreclosure process.
Call (888) 995-HOPE (4673) or visit them at www.azag.gov/consumer/foreclosure/.
Take Charge America (TCA) is a non-profit housing and credit counseling organization dedicated to helping consumers improve their financial futures.
Call (877) 822-2408 or visit them at www.takechargeamerica.org.
Know Your Options is a Website designed to help bridge the gap between the homeowner and their mortgage servicer as well as complement and reinforce your existing loss mitigation efforts. Most importantly, the site will encourage distressed homeowners to take action before it’s too late. Visit them at www.knowyouroptions.com
Making Home Affordable (MHA) is a key part of the Obama Administration's effort to help homeowners avoid foreclosure, stabilize the country's housing market, and improve the nation's economy. If you are struggling with your monthly mortgage payments or have already missed a payment, now is the time to take action. Start today by learning more about the options available to you through MHA. Visit www.makinghomeaffordable.gov for more information.
How to avoid Modification or Foreclosure Assistance Scams
The possibility of losing your home to foreclosure can be terrifying. Sadly, there are always scam artists ready to take advantage of people in vulnerable situations.
You can protect yourself by avoiding any business that:
- Guarantees to stop the foreclosure process – no matter what your circumstances
- Advises you not to contact your lender, lawyer, credit or housing counselor
- Collects a fee before providing services
- Accepts payment only by cashier’s check or wire transfer
- Encourages you to lease your home so you can buy it back over time
- Tells you to make your mortgage payments directly to them, rather than your lender
- Advises you to transfer your property deed or title
- Offers to buy your house for cash at a fixed price that is not set by the housing market at the time of sale
- Offers to fill out paperwork for you
- Pressures you to sign papers you haven’t had a chance to review or don’t understand