Abandoned and vacant homes in a neighborhood affect the quality of life for everyone on the block. That is why the Town of North Hempstead, together with its Business, Tourism and Development Corporation held an informative Foreclosure Prevention Workshop for Real Estate Professionals at the “Yes We Can” Community Center in Westbury on Friday, December 8 at 8:30 a.m.
The free workshop is part of an educational campaign the Town of North Hempstead is sponsoring to educate realtors about the New York State programs available to homeowners facing difficulties with their mortgage payments and will also provide an opportunity to ask questions from experts in the field.
Last year the Town of North Hempstead was awarded a $159,000 grant from the New York State Attorney General’s office to address the growing statewide problem of so-called “zombie homes” – vacant and abandoned homes that are not maintained during a prolonged foreclosure proceeding.
Featured speakers will include: Ian S. Wilder, Esq. Deputy Director of Long Island Housing Services, Inc. and representatives from the Town’s Building and Town Attorney’s office.
Topics covered included:
- The Stages of Foreclosure and Key Terms
- What is the role of a nonprofit Housing Counselor/attorney
- What is a modification and how to apply
- When a modification is unsuccessful or you don’t qualify- other options
- Mortgage refinancing scams to avoid
- Available help through the Homeowner Protection Program and the Mortgage Assistant