Blogging about real estate in Orange County, California

 The California Association of Realtors has posted a whole list of foreclosure prevention resources for Realtors and consumers.  It's worth checking out.

The government's "Hope Now" hotline is open 24/7 to receive calls from homeowners who are having trouble keeping up with mortgage payments.  It's a free service that helps borrowers get in touch with the right people at their lenders to try and either work out a payment plan or modify their loan terms.  

The program has been met with mixed reviews, in terms of its effectiveness, but if you're a troubled homeowner who is concerned about losing your home, it's certainly worth a call to see if they can help.

There are other housing groups and counseling agencies who work with homeowners at risk. Just make sure whoever you're dealing with is certified by the Department of Housing and Urban Development (HUD) or the National Foundation for Credit Counseling.

Hope Now hotline
1-888-995-HOPE
www.995hope.org

Homeowner Crisis Resource Center
1-866-557-2227
www.housinghelpnow.org