Foreclosure workshops helps keep homeowners in their homes
Those struggling to make their mortgage payments and need help consulting their lender might want to consider allowing NeighborWorks Western Pennsylvania to help.
NeighborWorks will hold several free Forclosure Workshops to help homeowners who may be facing forclosure. The first workshop will be from 10 a.m. to 12:30 p.m. on Sunday, July 31.
There have been so many budget cuts to funding that was there to help the homeowner that found themselves in need of help to save their homes. NeighborWorks has created an innovative way to still address the needs of these individuals facing the potential loss of their home while dealing with the budgetary constraints.
On Monday, Aug. 22 they will hold their first evening free Foreclosure Workshop, providing the education homeowners need to be successful when applying for a modification. They have experienced when homeowners are given the knowledge of how to work through the modification process many times they have a greater chance of success.
NeighborWorks provides them with a set of tips and tools to guide them in working with their lender, the workshop will explain the foreclosure timeline in depth as well as what must be included in the modification package and the appropriate way to submit that package. Also shared in the workshop are tips on how to work with the lender to a successful outcome as well as qualitative resources on what a workable solution means and what solutions are available. This information is all provided by counselors and given to the homeowners in attendance.
The workshops will be held at NeighborWorks Home Ownership Center, 710 Fifth Avenue in Uptown. Call 412-281-9773 to register.
NeighborWorks is a nonprofit organization that was founded in 1968 on North Side with a mission of developing financial empowerment that promotes homeownership and stable communities.