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Monday, July 7, 2008

Great Resource Link for Affordable Housing & Foreclosure assistance

While reading this month's Illinois Realtor Magazine, I came across the following site sponsored by the Illinois Association of Realtors and its foundation, the Partnership for Homeownership. The resources for grants, assistance funds, legal assistance, HUD-approved counselors, senior services and energy assistance programs.

The interactive map allows you to select your county - you'll be provided a list of resources in the categories provided.

For those facing a potential foreclosure or currently in foreclosure, IAR's consumer site, www.YourIllinoisHome.com provides an array of resources for people currently facing foreclosure.

In light of the current real estate market conditions, the Federal and Illinois state governments and other non-profit organizations are offering assistance.

If you are in facing a foreclosure, SEEK ASSISTANCE - there are a number of organizations who can help. Most importantly, call your lender! If you are unable to make your mortgage payment, explain to your lender your situation.

US Housing and Urban Development homeowner counseling: 1-800-569-4287

Federal Housing Administration refinancing program, FHASecure

Illinois Legal Aid

Neighborhood Works America Center for Foreclosure Solutions: 1-800-995-HOPE(4673)

Our Own Home, Illnois Treasurer's Office loan and refinance program: 1-800-803-4663

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