INSIDE PHILLY

2012-10-19 13:59:22
Oct 19, 2012

Free foreclosure and tax sale prevention workshop, October 20 sponsored


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Category: inside philly
Posted by: Hudson

by Philadelphia Sheriff Jewell Williams and State Sen. Anthony Williams

 

"When a parent loses their home because of a tax or mortgage foreclosure, it is th children who also become homeless," said Jewell Williams, Sheriff of Philadelphia.

 

"Rarely is one thing responsible for the start of the slow slide from home ownership to serious debt to loss of a home, which is harmful to the most vulnerable... usually the children," added Williams.

 

On October 20, 10AM--Noon at the Boy's Latin of Philadelphia Charter School, at 5502 Cedar Avenue, the Sheriff's office will join forces with the office of State Senator Anthony Hardy Williams to present a comprehensive workshop for those facing foreclosure that will focus on how to avoid such a possibility.

 

Topics to be addressed include:

 

  • Loan modifications
  • Short sales
  • Secondary Financing
  • Financial management
  • Individual sessions with housing counselors

 

"We cannot expect to have safe, stable communities when the real threat of homelessness and desperation looms over families struggling to do the right thing," Senator Williams said. "Houses left empty by foreclosure represent more than individual family misfortune.

 

They easily devolve into breeding grounds for crime. And like a cancer, this one-two punch devours neighborhoods, especially economically fragile ones already on the edge.

 

"That's why this workshop and others like it are so critical," said Senator Williams. "Too often, the difference between losing a home and saving it is a matter of outreach and information. So it's essential to offer both, in a collective fashion -- particularly as people continue to battle to survive in this economy."

 

The Veterans Support Group of America will also be available with information on options available to veterans and their families in similar situations, as well as how to qualify for home ownership, Disabled Veterans Real Estate Tax Exemptions and benefits eligibility.

 

Registration is requested for those attending the workshop on Oct. 20 at the Boy's Latin Charter School at 5502 Cedar Avenue from 10AM to Noon.

 

To reserve your spot, call (267) 385-7624 or go to www.savevourphillyhome.com to register.

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