Avoid foreclosure with help from HUD-approved agencies
In recent years, many people have turned to individual agencies, housing counselors and lenders to avoid foreclosure – but many found themselves paying scammers who took money and failed to protect them.
In a new information campaign, the Department of Housing and Urban Development (HUD) is telling homeowners that anyone at risk of foreclosure can receive free counseling from HUD’s nationwide network of approved counseling agencies.
Available services
Although each agency offers specific services, each generally offers the following types of help:
• General counseling in matters related to housing
• An evaluation of a homeowner’s specific situation
• Counseling on ways to avoid foreclosure
• Help with refinancing through HUD’s various programs or with lender negotiations
HUD-approved agencies cannot charge for their foreclosure counseling services. However, they c Continue reading post…