Welcome to the Save the Dream : Ohio's Foreclosure Prevention
Effort
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Thank you for visiting this Web site dedicated to foreclosure prevention! I applaud
you for taking the initiative to learn more about this issue, and I hope that the
information and resources on this site will help you to save the dream of homeownership.
Governor Ted Strickland and I are deeply concerned about the foreclosure crisis
facing Ohio, and we are working to provide you with the tools to save your dream—the
American dream—of owning a home.
We understand that this is an emotional time for you and your family, but it is
vital for you to take action. This is no time for delay!
I encourage you to take the following steps to help you stay in your home:
- Contact your mortgage loan servicer at the first sign that you may have difficulty
in making your mortgage payment. Explain your circumstances and ask to participate
in a workout resolution. Even if the foreclosure process has started, it is not
too late to reach out to your servicer.
- While working with your servicer, I also urge you to contact a housing counselor—approved
by the U.S. Department of Housing and Urban Development—to discuss your options.
In addition, please read the information on this site to help you learn more about
foreclosure prevention. I wish you the best of luck as you take action to save your
dream.
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- Foreclosure Resources
- Reaching out is the first step to prevent foreclosure. There are numerous
local, state, and federal resources available.
- Contact Your Mortgage Servicer
- Working with your mortgage servicer is vital. Many servicers are willing
to work with you if you notify them as soon as you anticipate financial trouble.
- Help For Homeowners
- It is important to understand what you can do. Learn about alternatives
to foreclosure, foreclosure terminology, and additional information.
- Steps In The Foreclosure Process
- Understanding how foreclosure works and the timeline you can expect
to face will help you throughout the process.
- Legal Assistance
- Homeowners may determine that they need help from Ohio’s legal
community. Pro bono attorneys and mediation assistance are available to many borrowers.
- Foreclosure Questions & Answers
- Foreclosure can be confusing. Read answers to many typical foreclosure-related
questions.
- Rescue Scams
- One of the best ways to avoid a foreclosure rescue scam or a credit
repair scam is to focus your efforts on working with a HUD-approved housing counselor
and directly with your mortgage servicing company.
- Predatory Lending
- Deceptive lending practices harm borrowers. Recognize predatory lending
and your rights.
- Informational Videos
- Watch testimonials of homeowners who sought and received help from
a housing counselor and saved their homes, view what you can expect if you visit
a housing counseling agency, and access Save the Dream campaign spots.