Session to be held from 6:30-8:30 p.m. at the Lawrence Headquarters Branch of Mercer County Library
Mercer County’s next informational workshop on foreclosure will be held July 21 from 6:30-8:30 p.m. at the Lawrence Headquarters Branch of Mercer County Library.
The workshops, the first of which was held in June and attracted more than 40 individuals, seek to distribute information to residents on how to prevent their homes from falling into foreclosure.
To assess whether you are risk for foreclosure, consider the following:
—Are you having trouble keeping up with your mortgage payments?
— Have you received a notice from your lender asking you to contact them?
The number of homeowners affected by the housing crisis continues to rise nationwide, and many families in Mercer County could be at risk too.
According to the Mercer County Clerk’s Office, there had been about 700 foreclosures in the county, as of Tuesday.
The free information session might help Mercer County families assess whether they are at risk, and guide them toward possible solutions, according to Mercer County Executive Brian M. Hughes.
The session will offer free of charge services and advice from professionals from certified housing counseling organizations with proven track records of helping homeowners secure loan modifications and other foreclosure alternatives; lenders who can discuss alternatives to foreclosure; and others.
At the workshop, homeowners can learn about ways they might achieve affordable loan modifications and refinances so that foreclosure might possibly be avoided. Attendees will hear about budgeting, funds available to help homeowners “catch up,” and agencies that might help them resolve delinquent accounts with their mortgage lenders.
”This will be a face-to-face meeting with people you can trust,” said Mr. Hughes, “and I encourage you to attend. Please, don’t ignore this problem.”
Mercer County also invites members of the faith-based community to attend to hear ways they may encourage their congregants to reach out for help if they need it and leaders of nonprofit and other agencies who may have clients that are in need of assistance.
Lawrence Headquarters Branch is at Brunswick Pike at Darrah Lane, Lawrence. Reservations are not necessary. For more information, call the Mercer County Office of Housing and Community Development at 989-6858.