Monday, July 14, 2008

Don't lose your home

Free Workshop Helps At-Risk Homeowners in Duluth Region Understand Options
Minnesota Home Ownership Center urges early action

The Minnesota Home Ownership Center and LSS Financial Counseling are offering a free workshop for homeowners living in the Duluth region who are worried about making upcoming mortgage payments, are already facing foreclosure or for anyone interested in learning more about foreclosure. The Borrowers Workshop will take place on Tuesday, July 15 from 4:30 to 7:30pm at First Lutheran Church, 1100 East Superior Street, Duluth. No appointments are needed. Participants are encouraged to stop in any time anytime during the workshop hours.

The workshop will provide information on what happens during foreclosures, homeowners’ rights, and solutions for long-term housing needs. Participants will be able to ask questions and get free advice – confidentially - from mortgage lending and foreclosure specialists.

The Minnesota Home Ownership Center urges all homeowners facing mortgage delinquency or foreclosure to attend this workshop. The most important thing a troubled homeowner can do is to begin working with their lender or a foreclosure specialist early. The earlier homeowners act, the more options they have.

For more information about foreclosure prevention or to learn about other upcoming workshops, call the Minnesota Home Ownership Center at (866) 462-6466. The Center works with a network of community-based organizations that offer free, confidential advice about mortgages and foreclosure.

Recognized nationally as a model of home ownership and foreclosure prevention programming, the Minnesota Home Ownership Center convenes a network of 50 community-based non-profit, government and tribal organizations to deliver home ownership education and foreclosure prevention services to low and moderate-income households throughout Minnesota. Through its network of community partners, the Center provides 15,000 low- and moderate-income households each year with the tools they need to purchase and sustain affordable homes.