Falling behind on your mortgage? Here’s what Michigan homeowners need to know

about foreclosures here i homeowners all across our the pressure as more peop their mortgage payments a more than 3000 properties a foreclosure filing in j months of this year. And to property and real esta called Adam. Now that mea housing units in the firs faced a foreclosure filin 11% from the previous qua foreclosure rate remains average. There's still se ahead of us. Uh Indiana, Delaware and Illinois. Ju a few of the hardest hit housing counselors say ea is critical for homeowners facing a hardship. And th the key is you don't wait You get the help that you you think that there might financial uh help that yo now is lots of Cunningham services to give us a lit education tips as well as about an event happening next week to help people and have a place to stay. for joining us again. Tha having me. Let's break th some of these stats. I me than 3000 people had file That's pretty scary. It's as well. Are you guys see people requesting help? W are getting several calls help looking for resource that that may be availabl their homes. How many of saying we're behind on mo can't afford this. Most a that. And what we're tryi them in the beginning at that you're not going to payment, they should be r lender. And then after th to the lender, they shoul a housing counseling agen And talk to me real quick the agency offers in this facing this kind of cris of various resources for We also offer tools and t as well again and they ca and we'll work directly w to try to get the best op their home because there' plans that the lenders ma such as a short term modi forbearance plan or an ent altogether. Now, how earl reach out for help? Do yo a foreclosure to get assi just get it knowing that struggle in the future. Y it in the beginning. Um w that they can't make that should be on the phones w at that time because the out, the more options bec you start getting into mu payments, you know, 60 da those options start to be them to really reach out. when you start to notice minimal payments, maybe e that may be a sign that t that are on the way. So y out and getting some help I want to talk about unde timeline because I think through it, it happens so out of the home. Yes. Wha someone starts the process doesn't go for the help a going to be forced out of long is that timeline usu way to pause it? Well, it timeline because when you well, you first missed th shall I say that's a 30 d rolling and rolling. And a six month timeline wher to look at pre, pre, pre, bit tongue tied there. So you start to get into tha And so it's again, it's a But again, they want to r beginning because once yo month process, then you'r a lot of different option available to you previous guys are offering this fr seminar for anyone watchi and what can people expec Yes, I actually think um, a homebuyer should attend should attend. And even t happening right now in th attend as well. Because w the potential homebuyer, ends and out in ways to p in that home ownership pr really trying to focus on how to be proactive versus and guess your human serv more assistance. Actually financial. Sometimes it's to me real quick about so we can expect from them. of options available for whether it's financial ed have business career serv services. So there's a va I always encourage family dot guess your M. I dot o happen and to get the hel because we're here and we waiting for families to c there's the website on yo as the phone number. If y up the phone and and get really just see the event A lot of them are free an in the area. So I love wh and continue to do in our good having you join us t