Foreclosure Prevention & Counseling
Causes of Foreclosure
Across the country states have experienced increases in mortgage foreclosure. What are the causes? The two main reasons are the loss of a job and a serious illness. Combined with mortgage companies with predatory lending practices and adjustable rate mortgages some homeowners are unable to make the monthly mortgage payments.
Federal Government Resources
Check here for resources available from the federal government.
State of Michigan Resources
The Attorney General's office of the State of Michigan has resources to help you keep your home. Check the Attorney General web site for information on local workshops.
HOPE NOW
HOPE NOW is an alliance between counselors, service providers, investors, and others to reach out to at-risk homeowners and help them stay in their homes. Click here for more info.
Michigan Municipal League
The Michigan Municipal League has prepared a publication on mortgage foreclosure prevention. Click below for an excerpt from their publication:
Oakland County Resources
If you fall behind on your mortgage or property tax payments, you could lose your home. Oakland County's housing counselor may be able to help you prevent foreclosure. This service is free.
For help call for an appointment at 248-858-5402 or visit their web site for more information.
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