11/5/09
With generous support from NAR's foreclosure prevention grant program, C.A.R. has teamed up with local Associations of REALTORS® and various nonprofit housing counseling agencies to conduct foreclosure prevention events around California. Homeowners who are at high risk of foreclosure may attend these free events where they will have access to loan counselors and representatives from some of the major lending institutions. Counselors and lenders will work with them privately, one-on-one, to initiate a process of modifying their loans so that they can keep their homes.
Several events have been held in such locales as Whittier, Chula Vista, Inglewood and San Jose. C.A.R. provided financial and logistical support and local REALTOR® Associations have provided volunteers. Hundreds of homeowners have been assisted collectively at these events. At a recent event in Inglewood, for example, over 301 mortgages were served with over 750 people in attendance. See the links below for highlights, pictures, and sample flyers from some of these events.
Planning for more events is underway in such locales as San Diego County, Orange County, Los Angeles County, Contra Costa County, Stockton/Modesto and other areas. To find out more, please contact Rick Laezman at richardl@car.org or (213) 739-8273.
Links to Info on Foreclosure Prevention Events
