Facing loss of a home is one of the most stressful situations an individual or family can encounter. Here are some of the most common reasons that the situation occurs, along with some resources to deal with the problem. The website is makinghomeaffordable.gov. You do not need to hire an attorney in order to apply for these programs.
- Second Lien makes paying for home difficult: Check out Second Lien Modification Program (2MP), a government program
- You are unemployed: Check out Home Affordable Unemployment Program and Hardest Hit Fund, government programs
- Your home’s value has fallen: Check out these government programs
- Other scenarios: Check out this list of government programs available
The home page for the above programs is currently being advertised on television in an effort to make people aware of these resources. Nonetheless, many people are still unaware that they may qualify.
We hope these resources will be helpful. However, if your situation is more complex and involves breach of the terms of your mortgage or contract, lender issues, errors or unfair practices, or if there is litigation involved or you suspect that you may have a legal cause of action, you are advised to seek help from a private attorney or legal aid right away.
