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Friday, June 8, 2007

foreclosure prevention

There's lots in the news about foreclosures now that the problem has become a factor in the more affluent markets, even though here in Ohio it's been an ongoing issue for some time. Contrary to what you may have heard, Ohio doesn't lead the nation in foreclosures. Ohio is eighth. The number one state is Colorado followed by Georgia, Nevada, Texas, Michigan, Indiana and Florida based on percent of households. 3% in Colorado; 1.7% in Ohio.

Anyone who thinks they may be headed into a foreclosure situation should call Ohio's Foreclosure Hotline if they do nothing else. 1-888-995-HOPE (4673).

The hotline will connect you to Ohio's Foreclosure Prevention Task Force for outreach and education, proactive intervention, and financial resources.

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