'Karen Bloggin on the Walls!

This is very informative option to avoid a foreclosure!!

Thursday, July 22, 2010-NOCBOR is offering its members and the general public an opportunity to learn about a special housing assistance program, which is being offered in only 5 states in the country! Known as the “Hardest-Hit Fund,” the states of Arizona, California, Florida, Michigan and Nevada will receive a total of $1.5 billion in federal funds to help homeowners, who are currently drawing unemployment benefits, and are struggling to make monthly mortgage payments. The $154.5 million in federal funds, allocated to Michigan, is expected to help more than 17,000 Michigan households to avoid foreclosure, due to unforeseen circumstances, such as a medical emergency. The Michigan State Housing Development Authority (MSHDA) was selected as the Housing Finance Agency (HFA) to share in the “Hardest-Hit Fund.” Michigan will be the first of the nation’s five states to implement its program. To register for the workshop, scheduled Thursday, July 22, 2010 at 6:30 p.m. at NOCBOR, call 248-674-4080.