Foreclosure prevention resource debuts online

In a letter to state legislators, Patrick Gottschalk, chair of the Virginia Foreclosure Prevention Task Force, released details of a new Web site for homeowners in (or at risk of going into) foreclosure:

Increasing foreclosure rates not only negatively impact individuals and families through home loss, related financial devastation, and family disruption, but also have a negative impact on communities. Increasing foreclosure rates depress property values, affect housing industries, reduce local government tax revenues, and have a negative impact on community stability. The Virginia Foreclosure Prevention Task Force has undertaken a host of efforts to address these problems, including the development of a comprehensive website (www.virginiaforeclosureprevention.com).

The letter also contained a list of organizations for homeowners to contact, should they fall behind on their loan payments. That list can be found on the Virginia Homeowners Alliance Web site.

VAR’s 2009 Chair, John Powell, serves as a member of the Virginia Foreclosure Prevention Task Force.

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2 Responses to Foreclosure prevention resource debuts online

  1. Ben,

    What a great source of reliable information for foreclosure prevention. Sadly there a lot of source’s that really don’t cut it. From what I’ve read you have a great source of information!

  2. Ogden Homes says:

    It could be helpful for those at risk of their home to foreclosed.

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