Foreclosure Prevention Tips

Unfortunately, far to many people are experiencing the threat of foreclosure.  With the increase of employment instability and inflation many homeowners have fallen behind due to their circumstances.  There are many programs available to assist those who have found themselves faced with the threat of foreclosure.  The most important thing to do is not hide - take an active and aggressive role in changing your circumstance.  Below are some options and services available to you.

UCAP - 301-322-5700 - call now for:

• help to prevent foreclosure
• quick answers to questions
• to understand your options and learn about solutions
• reduce your level of stress and anxiety

Maryland HOPE

• Contact your lender or services, open all mail and answer all phone calls
• Contact a non-profit counselor for free foreclosure prevention assistance (1-877-462-7555)
• AVOID Foreclosure "Rescue" Scam - if you believe you have been the victim of predatory lending or fraud contact the Maryland Dept of Labor, Licensing and Regulation (DLLR) at 1-888-784-0136.  NEVER sign a legal document without reading and understanding all the terms.  Get professional advice from an attorney or a HUD approved counselor.
• Prioritize your spending and save money
• If foreclosure is unavoidable - find alternative housing (for rental assistance call DCHD housing locator service at 1-877-428-8844)| on't just walk away, take the steps to return the property to the lender to limit your liability for the expenses associated with the house.

DCHD - MDHOPE.ORG - EMD Direct

• If you are behind in your mortgage payments because you  are involuntarily unemployed or underemployed, or due to a medical event, and under the threat of foreclosure - you may be eligible for the Maryland's Emergency Mortgage Assistance (EMA) program.  
• Go to www.mdhope.org fill out the Pre-Application Checklist to see if you qualify and download the application packet.
• Attend a EMA DIRECT session Saturday, June 18th from 9:00 - 1:00 or Thursday, June 30th from 9:00 - 5:00 (reservation only) @ 100 Community Place, Crownsville, MD 21032 - to register call: 410-514-7268 or email: singlefamilyhousing@dchd.state.md.us

Additional Foreclosure Prevention Support Organizations

• Homefree USA - 301-891-8400 - www.homefree.org
• Housing Initiatives Partnerships, Inc - 301-699-5875 - www.hiphomes.org
• Housing Options and Planning Enterprise, Inc., 301-567-3330 - www.hopefinancial.org
• Sowing Empowerment in Economic Development - 301-458-9808 - www.seedinc.org
• The Greater Washington Urban League - 301-985-3523 - www.gwul.org
• United Communities Against Poverty - 301-322-5700 - www.ucappgc.org
• Unity Economic Development Corporation - 301-505-0331 - www.unityedc.org

Deregulated Energy

You now have the power to choose a lower rate the utilities can't match.  Nothing else changes.  Your utility company still delivers the electricity to your home and services the wires, pipes and pole as well as handles emergencies.  You have the same electric, the same service and the same bill.  The difference is you now have the option to go with a different supplier for a reduced rate.

North American Power is an excellent choice.  Compared to the competitors, North American Power has the most competitive rate without requiring you to make a commitment.  With BGE and Pepco North American Power offers a very competitive rate of .0959 per kwh.  BGE's current rate is .1075 and Pepco's current rate is .1107.  Switching is easy and takes as little as two minutes.

North American Power has an excellent fund-raising opportunity for non-profit organizations.  If you are a non-profit looking for a effortless fund-raising opportunity, North American Power is your solution.  Contact Serwa Agyeman, Energy Broker at www.napower.com/saenergy today!