Charlotte Homes for Sale
Nina Hollander
(704)779-0813

North Carolina homeowners in danger of foreclosure have somewhere to turn for assistance through the new FightNCForeclosure program.  The first step is to call 1-888-442-8188. You’ll be connected with a local HUD-approved counselor, who will provide free foreclosure counseling.

NC Realtors have teamed with Capital Broadcasting, Office of the North Carolina Commissioner of Banks, and the Center for Responsible Lending to spread the word about this free resource for homeowners. The campaign is called FightNCForeclosure and more information is available at fightncforeclosure.org. This website also provides great information/tips on how to avoid foreclosure.

It’s critical for homeowners in danger of foreclosure to call as soon as possible. North Carolina has made special protections and resources available to homeowners in distress. When you make the toll-free call, the HUD counselor will discuss budgeting help, a written action plan, assistance contacting the lender, and identifying other resources for assistance. Even if you’re experiencing hard times, you may still be able to keep your home if you take advantage of resources available.

Whether you’re in foreclosure now or worried about it in the future, here’s information that can help from the US Department of Housing and Urban Development (HUD).

This comprehensive site address the following important topics:

• Getting help now from a foreclosure avoidance counselor or your lender.
• Ways to see if you are at risk for foreclosure and tips to avoid foreclosure.
• Foreclosure scams.
• Refinancing options and who to call if your lender won’t worth with you.
• Resources if you can’t keep your home.

Information is available in both English and Spanish. See additional links below that are helpful:

• Foreclosure Process
• Glossary of Foreclosure Terms
• Common Questions About Foreclosure

U.S. Department of the Treasury Secretary Geithner announced details on the expansion of the Making Home Affordable program to include short sales under the new Foreclosure Alternatives Program. Financial incentives for servicers and borrowers include $1,000 to servicers “success fee” for a successful short sale, and borrowers may receive up to $1,500 to assist with relocation expenses.