Full-day workshop to help homeowners avoid default, seizure just 9 days away
YEADON, June 12, 2013 – In just nine days, state Sen. Anthony Hardy Williams, in partnership with the Pennsylvania Housing Finance Agency, will hold a free, daylong workshop to help Delaware County homeowners struggling to keep their homes.
The workshop will be held from 7 a.m. until 7 p.m. next Friday, June 21, at Yeadon Borough Hall.
“If they haven’t already made plans to attend this free workshop, Delaware County homeowners should take this self-help step and make plans to attend next week,” Williams said. “The stress and worry about possibly losing a home because of lost hours and wages, shrinking investments or any of life’s other monetary bumps can be debilitating.”
“There are many people out there suffering in silence, and they don’t have to. Our goal with this workshop is to throw a lifeline,” the senator said.
Delaware County followed only Philadelphia in the number of foreclosures during the first quarter of 2013, according to RealtyTrac. About 1-in-204 households here faced foreclosure; many others continue to teeter on the edge.
Decreasing wealth and increasing poverty have been on the rise in America’s suburbs. In Pennsylvania, Delaware County has notched some of the fastest rates of decline, according to a recent report by the Brookings Institute.
Working- and middle-class residents who are unfamiliar with navigating social service and government agencies have been hit especially hard during the recession and its slow recovery.
“Our trained and experienced housing counselors will help homeowners find workable mortgage solutions with their home loan providers,” said PHFA Executive Director Brian A. Hudson Sr. “Help is available. Homeowners can take advantage of the resources available, at no cost to them.”
The June 21 event targets Delaware County homeowners struggling with mortgage payments and those whose homes are now worth less than what’s owed. Counselors will be on hand to help residents negotiate with loan officers and leave with real solutions. Appointments are requested because space is limited.
“There are options and solutions. People will be in Yeadon Borough Hall on June 21 who will work with you and be on your side. You don’t have to shoulder this alone,” Williams said. “If you live in Delaware County and covering your mortgage is giving you heartburn, come to this workshop and find out about the help that’s available to you and your family.”
IF YOU GO:
The Delaware County Keeping Your Home Yours workshop, sponsored by Sen. Anthony Hardy Williams and the Pennsylvania Housing Finance Agency
7 a.m. to 7 p.m., Friday, June 21
Yeadon Borough Hall, Church Lane and Baily Road, Yeadon
Open to Delaware County homeowners in need of or have questions about mortgage relief. Appointments are requested. Call (800) 635-4747 to reserve a space.