Housing Arizona
September 23rd, 2008 categories: Prescott Real Estate Trends, Real Estate News
On September 17, Governor Janet Napolitano announced the launch of Housing Arizona. This program is designed to assist home owners who are concerned about their mortgages, or those who are facing foreclosure.
Housing Arizona will provide more than $13 Million dollars of additional resources to help prevent foreclosure and fight homelessness in Arizona.
A portion of the $13 Million will go toward strengthening the Arizona local foreclosure hot-line that was established for families concerned about their mortgages. If you know anyone who is falling behind on their mortgage payments or fear falling behind, encourage them to call the hot-line at 1-877-448-1211. This hot-line will put callers in touch with local foreclosure counselors in their particular areas of the state so they can receive advise and guidance wherever they are.
It is estimated that over 1 million families are in jeopardy of losing their homes this year. If you are behind on your mortgage payments, do not wait until the bank contacts you! Be proactive and contact them. Know your options. Below are two helpful links if foreclosure is a concern to you.
http://www.hud.gov/foreclosure/
http://www.foreclosurehelpandhope.org/index.html
