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Informing Residents about Florida Foreclosures through Seminars



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By : Leticia Carvalho    99 or more times read
Submitted 2008-12-30 11:54:00
The Tampa Housing Authority’s Center for Affordable Homeownership aims to teach residents tips and tricks so that they can avoid foreclosures. The seminar includes discussions on how the federal housing legislation changed.

It also offers residents one-on-one assistance for their personal queries and concerns about foreclosure properties. The seminar is not just for residents who have limited income. It is open to everybody. Almost 70% of the participants are regular residents who have suffered a tumultuous financial ride due to loss of income.

Ever since the seminar started about 11 months ago, they were able to counsel 130 families. A percentage of 90 of these families were reported to be able to keep their homes. The seminar lasted 45 minutes long and is held every Friday of the week. The tips and tricks that they teach also includes ways on how residents can continue paying for their mortgage thus avoiding Florida foreclosures. This can be a very big help especially to those residents whose money problems originated from not being able to handle money properly.

The seminar was able to help residents with severe problems regarding Florida foreclosures such as those who are six months late in paying for their mortgage. Although the seminar is absolutely free, the number of people attending it has declined compared to the number of attendees in its launch last August.

For the manager of the Center, Jerry Munoz, this means that more people need help, they just don’t know where to look for it. He says that the company is now thinking of moving the date and time of the seminar in the hopes that more people will attend. Direct mailing has also been done to residents who are facing foreclosures just to inform residents that there are options that they can turn to.

The Tampa Housing Authority’s Center for Affordable Homeownership is always available for those who seek help regarding foreclosures. Their phone lines are always open to answer any queries regarding their seminars or to ask for counseling.
Author Resource:- Leticia Carvalho has been educated in the finer points of the foreclosures market over 5 years. Read about the following article Informing Residents about Florida Foreclosures through Seminars by Leticia Carvalho.
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