I am troubled by the rising foreclosure rate we are seeing today. We can point fingers at Mortgage companies that peddle bad programs or Buyers that bite off more than they can chew but that does nothing to solve this problem.
Instead I like to concentrate on SOLUTIONS.
If this is an issue for you and you live in Minneapolis, you should know that help is available:
Don't Borrow Trouble
Minneapolis is very committed to helping homeowners who are in jeopardy of losing their home due to foreclosure. If you’re facing a possible foreclosure visit the Don’t Borrow Trouble Minnesota Web site or call 311 from anywhere within the City to be referred to a counseling agency. The earlier you make this call, the better your chances are to avoid losing your home. You can also call Habitat for Humanity at 612-331-4090 (if you home is in south Minneapolis) or Northside Residents Redevelopment Council at 612-335-5924 (if your home is in north Minneapolis) or call the Homeownership Preservation Foundation at 1-888-995-HOPE.
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