Wednesday, April 29, 2009

Programs? What Programs?!

My sister called this morning, "MPR is doing a show right now about about foreclosure and what programs are out there for homeowners. You need to call in and tell them the truth!"

So I did. Here's the truth.

There are NO PROGRAMS for homeowners in foreclosure.

Anybody who tells you that is just blowing the proverbial smoke up you-know-where. All that exists are refinance opportunities, which you only qualify for if you 1. Aren't currently in foreclosure or bankruptcy, 2. Have proof of steady adequate income and 3. Are current on your mortgage. In other words, you qualify for refinance if you aren't currently in any financial trouble.

Believe me on this one. I've done my homework. I've called them all.

Yes, the Obama plan may help but it's currently in committee and won't become law anytime soon - I know because I have been in constant contact with my Senator's office. The only thing anyone can do right now is to consistently pester their reps into hurrying this plan along. But for us and millions of others who had a mortgage they COULD afford until they lost jobs, it will probably be too late.

How did they answer me? By basically agreeing that yes, I was in foreclosure, and perhaps I should call one of the housing programs (see above). It's a wonder how some yahoos STAY employed.

10 comments:

Dr. Monkey Von Monkerstein said...

People are idiots.

Dr. Monkey Von Monkerstein said...

If I win the Mega Millions jackpot Friday night I'll give you the money to pay off your house.

Mnmom said...

Because YOU are a doll!

Anita said...

It is still sadly shocking to me in this time, with so many foreclosures how we have NOTHING to assist people, and how MTG holders would rather sit with empty homes or take losses than re-negotiate with less losses......mind boggling!!!

Shan said...

ARGH!!!!

themom said...

I'm with Monkey...I decided if I hit the Mega on Friday, I would be helping out quite a lot of people and you are top of the list.

Churlita said...

That sucks. I hope things change soon and you can get the help you need and deserve.

Mnmom said...

You are ALL dolls!!!

Lisa said...

I know exactly where that smoke is blowing. Cough cough.

Julie said...

"MPR is doing a show right now about about foreclosure
___________________
Julie
Lock in your price today for Your favorite

channels - and keep it there until 2010!