PHOENIX, July 24, 2012 /PRNewswire/ -- In its ongoing effort to reduce our state's foreclosures, the Arizona Foreclosure Prevention Task Force has been diligently reaching out to at-risk homeowners to let them know that free help is available by calling the Arizona Foreclosure Helpline 1-877-448-1211. The helpline connects homeowners with certified counselors at HUD approved agencies who assess their financial situation and identify the best possible solutions. According to a recent HUD foreclosure study, homeowners who use these services significantly improve their chances of getting a loan modification.
"We know that foreclosure counseling has improved outcomes for homeowners in Arizona, but only a small percentage have reached out for assistance," said Patricia Garcia Duarte, Chair of the Arizona Foreclosure Prevention Task Force. "Homeowners need to understand that they can only be helped if they reach out to us first." According to Garcia Duarte, more than 63,000 homeowners have reached out to the helpline since it was established in 2008.
The Arizona Foreclosure Prevention Task Force is a volunteer-driven organization, led by representatives from both the public and private sector, and supported by local, state and federal governments, agencies and institutions. The organization is dedicated to keeping homeowners from foreclosure by guiding them to FREE resources that can provide the help they need with their housing and foreclosure issues. In addition to promoting the statewide helpline, the Arizona Foreclosure Prevention Task Force organizes and facilitates statewide workshops that empower homeowners with information and resources they need to solve their housing and foreclosure issues. Dates and locations for these workshops can be found at www.azforeclosureprevention.org.
"Thousands of homeowners are behind on their mortgage payments and either waiting for the foreclosure shoe to drop, or running into walls with their mortgage servicers," said Garcia Duarte. "If we can convince them to call the foreclosure helpline, there are guidance counselors standing by to help make the process smoother and more successful."
SOURCE The Arizona Foreclosure Prevention Task Force