Foreclosure Prevention Workshops
Although I hope none of you are in this situation, I thought it would be good to pass along this information:
St. Paul and the Minnesota Home Ownership Center are sponsoring a series of foreclosure prevention workshops for people who are concerned about making mortgage payments, know someone who is in trouble or just want more information. Two similar workshops last fall drew more than 250 people each.
Mortgage lenders and community-based organizations will be available to offer free advice and answer questions, and attendees will be able to hear short presentations on legal rights and the foreclosure process.
Scheduled workshops:
• April 22: 4:30–8:30 p.m., Minneapolis Urban League, 2100 Plymouth Av N, Mpls.
• May 20: 4:30–8:30 p.m., Discovery Elementary School, 301 Second Av NE, Buffalo
• June 5: 4:30–8:30 p.m., Eagan Community Center, 1501 Central Pkwy, Eagan
Call the Home Ownership Center at 651.659.9336 or go to www.hocmn.org for more information. St. Paul mortgage foreclosure prevention counselors are available at 651.266.6626 or www.stpaul.gov/foreclosure. Renters with foreclosure questions can call HOME Line at 612.728.5767.
Source: Star Tribune
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Refinancing is an excellent way to stop foreclosure. A refinanced home loan allows you to consolidate all past-due payments into another loan, so that you can start paying with no overdue balance.