Financial survival workshop for homeowners set [Florida]
- Posted by admin on August 7th, 2008 filed in Reverse Mortgage Info
Homeowners struggling with debt and the threat of foreclosure may sometimes face a third danger: financial predators looking for vulnerable targets.
Organizers of the Financial Survival Workshop planned for Saturday in Fort Myers plan to offer advice for tackling all of the above.
The event is sponsored by Reverse Mortgage Group, a Naples Classic Mortgage company, and presenters will include Sandee Rains, community relations manager with the Consumer Credit Counseling Service, Stephanie Kirch of Reverse Mortgage and Mac Moise, a certified financial planner in Fort Myers.
Rains said she plans to speak on the ABCs of avoiding foreclosure.
“A lot of people are struggling right now,” she said.
There were 2,390 foreclosure actions filed in Lee circuit court in June, down 2 percent from 2,450 in May but up 147 percent from the 968 recorded in June 2007.
Consumer Credit Counseling Services is one of several agencies in the national Hope Now Alliance.
Kirch, from Reverse Mortgage, said she will also offer cautionary advice to avoid scams from shady operations that crop up when the economy sours.
“They have a natural talent to sniff out the most vulnerable people and, right now, the most vulnerable people are those who are afraid of losing their homes,” Kirch said.
Among her tips, Kirch said, are never sign anything under pressure and never make a mortgage payment payable to anyone but your lender.
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August 8th, 2008 at 10:35 am
It will probably be in the local communities that the most effective stands are taken against foreclosures. Homeowners need to be educated about how the process works if they’re ever going to avoid being taken advantage of or wasting time on one solution that never pans out.
Maybe the new federal legislation will help homeowners, but far too many facing foreclosure simply assume they have no options. Local programs and workshops are probably one of the best ways to get the information to people unable to search all over the internet for assistance or trust someone located thousands of miles away.