Seminar to help local residents on foreclosure issues
With the holiday season's many expenses fast approaching, the Minnesota Home Ownership Center (the Center) and Lutheran Social Service of Duluth (LSS) are joining together to encourage area families to reach out for advise and support before ever...
With the holiday season's many expenses fast approaching, the Minnesota Home Ownership Center (the Center) and Lutheran Social Service of Duluth (LSS) are joining together to encourage area families to reach out for advise and support before ever missing a mortgage payment. The two nonprofits are partnering to offer a telephone seminar on Tuesday, Nov. 18, where home owners can call 888-886-6603 to receive free, anonymous information and support from mortgage and foreclosure experts.
"The holiday season is a joyous time for many families across Minnesota, but it can also be a time of unexpected expenses for many who are struggling to make ends meet," observed Julie Gugin, executive director of the Minnesota Home Ownership Center. "We wanted to provide this telephone seminar as a resource for home owners who may have missed a payment - or even those who are nervous about falling behind amid holiday bills - to access quality information anonymously, from the comfort of their own home."
Home owners in danger of missing house payments, and those already behind, are encouraged to join an upcoming telephone seminar about the options available to Minnesotans through the LSS' free, nonprofit mortgage support advisors, which are part of the Center's statewide network of home owner support. The seminar will allow participants to ask questions of expert mortgage advisors without having to leave the comfort and privacy of their own home, and it will take place from 7-8 p.m. Tuesday, Nov. 18. To participate, home owners only need to call toll-free to 888-886-6603.
"Struggling to keep up with a mortgage payment is a personal, stressful situation. Many home owners want to know about their options, but are reluctant to come to a public event for advice," added Dan Williams of Lutheran Social Service in Duluth. "The telephone seminar is designed to give people basic information about potential options available through our mortgage support advisors so that home owners can privately make the best choices for their personal situation."
Home owners unsure of whether they would benefit from visiting with a mortgage support advisor are encouraged to attend the telephone seminar for more information, and to reflect on important questions about their mortgage and their financial situation, such as:
- Are you worried about feeling stuck in your mortgage because of adjusting payments or changing home values?
- At the end of the month, do you find yourself struggling to get ahead, or to even keep up?
- Are you questioning the future because you worry about how you will make ends meet today?
"The questions we have posed to home owners are intended to help people reflect on their mortgage situation and evaluate whether our network of mortgage support advisors are a resource they could benefit from," said Gugin.
For more information about the telephone seminar or to connect with the Center's network of mortgage support advisors, call 866- 462-6466 or visit the Center online at www.hocmn.org .