Monday, August 9, 2010

New Fact Sheets for Homeowners Facing Foreclosure

Sir Francis Bacon once said that "Knowledge is power".  The Minnesota Home Ownership Center believes in taking that fact and putting it to work for families that are struggling with mortgage payments and/or are looking for information about how to avoid foreclosure.

We’re pleased to announce that FOUR new fact sheets are available thanks to our partnership with the legal assistance teams. (Special kudos and thanks to Stacey Keenan at Legal Services of Northwest Minnesota and Kari Rudd and Housing Preservation Project for their work!)

These fact sheets cover:
  • The Tax Forfeiture Process in Minnesota
  • Homeowner Association Liens
  • Manufactured Home Repossessions
  • Redeeming a home AFTER a foreclosure sale

The Center has compiled/created almost two dozen fact sheets, FAQ's and other flyers that can help when a homeowner is struggling with mortgage payments or facing foreclosure in Minnesota (all are available here).  Please feel free to print/distribute any of the fact sheets to homeowners that may benefit (Adobe Acrobat Reader required).

Do you have an idea for a fact sheet or FAQ that would benefit struggling MN homeowners? Feel free to email your ideas to Ed Nelson at the Center. Thanks!


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