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Preventing Foreclosure

Tuesday, April 15, 2008 4:45:14 PM
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Allison Walker, Your Home
 

A study out of Colorado is showing at least 80 percent of the people who sit down with housing counselors are avoiding foreclosure.

Orlando city officials are not surprised, which is why they are getting financial experts together for a series of workshops to prevent foreclosure and predatory lending.

Five workshops are left. The next one is Saturday.

Lelia Allen of Housing and Urban Development said a workshop held earlier in the month changed the lives of several families.

"There were three separate instances that could have potentially taken the homeowners into foreclosure that our consultants and the team of experts were able to address, and send those people in directions where they'll be able to save their homes," Allen said.

Allen encourages anyone who has gotten a foreclosure notice, and anyone whose adjustable rate mortgage is about to increase their monthly payments to go.

Experts will help you understand foreclosure proceedings and tax implications.

Allen said it is also a good opportunity for future one-on-one sessions with local housing counseling agencies.

Each workshop is free. See more information (opens as PDF).


Free Educational Workshop Schedule

  • Saturday, April 19, 9 a.m. - 1 p.m.
    Odyssey Middle School
    9290 Lee Vista Blvd.
     
  • Saturday, May 3, 9 a.m. - 1 p.m., Northwest Community Center, 3955 WD Judge Dr.
       
  • Saturday, May 17, 9 a.m. - 1 p.m.
    Rosemont Neighborhood Center
    4872 Rose Bay Drive
     
  • Saturday, May 31, 9 a.m. - 1 p.m.
    J.R. Smith Neighborhood Center
    1723 Brutton Blvd.
     
  • Saturday, June 14, 9 a.m. - 1 p.m.
    Englewood Neighborhood Center
    6123 La Costa Drive

Call (407) 246-2708 for more information

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