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homeownership

Homebuyer Education

Foreclosure prevention <

Inclusionary Housing

Homeownership

Foreclosure Prevention

Important information on avoiding foreclosure prevention scams (.pdf)

Foreclosure remains an important issue in our community. If you are unsure about your ability to pay your mortgage or programs that may be available to assist you, we urge you to contact us.

Our Services

We continue to offer one-on-one counseling, group information sessions, and off-site workshops for homeowners in Dutchess County to help them assess their financial situation and their options for homeownership preservation, including loan modifications. Additional sessions on loan modifications are available. In addition, our counselors are available to meet one-on-one with homeowners to assist you:

Our counselors are trained in all aspects of the foreclosure process.  Wherever you believe you are in this process, we urge you to contact us.  We will review your case and advise you as to the best course of action depending on what stage of the foreclosure process you are in.  Our counselors will not charge you a fee for our services.  We are recipients of federal, state and local funding that has been made available by the government to assist in stemming the housing crisis.

If you are a resident of a county other than Dutchess, please refer to the HUD website to find a certified housing counseling agency in your area.

 

What you should know if you are at risk of losing your home

Did you know you should NEVER have to pay a fee for foreclosure prevention services?

If you are faced with the possibility of foreclosure, the last thing you need is to wonder about whether the help you are getting is legitimate. That’s why it’s so important that you work with a HUD-certified housing counseling agency like Hudson Valley Foreclosure Prevention Services. Only HUD-certified agencies have counselors who are fully trained in providing you the services you need, free of charge.

Did you know that, in most cases, your lender WANTS to help you stay in your home?

The best thing you can do if you are falling behind on your mortgage payments is talk to your lender or a HUD-certified housing counselor. “Rescuers” that encourage you not to talk to your lender or a counselor, to sign over your deed, or to live in your home as a renter, are most likely not acting in your best interest, and can actually make the situation worse. 

Did you know you should never provide financial information regarding yourself or your home to someone who contacts you WITHOUT your permission?

Our counselors are regulated by state and federal agencies and must adhere to standards of conduct and business practice. Our services are fully confidential, and any information about you and your home is provided to us ONLY with your full consent.

Did you know that it IS possible to understand and feel comfortable with your loan?

If you feel overwhelmed by the amount of information and paperwork that exists regarding your home loan, you are not alone. Many people feel this way, but that doesn’t mean you have to leave the fate of your family’s home in someone else’s hands. Our counselors will make sure you fully understand your current situation and future options BEFORE you make any decisions.    

Foreclosure Prevention Resources

We encourage you to make use of the following resources from our state and local partners. All documents are in Adobe PDF format.

Paths of a Foreclosure in New York State from the Neighborhood Economic Development Advocacy Project

A detailed timeline of the process as well as an extensive glossary of terms.

Help for Homeowners from the New York State Department of Financial Services

General advice on preventing foreclosure, including a timeline, options, and your rights as a homeowner.

Saving Your Home from Foreclosure from the New York State Bar Association

Part of the NYSBA’s People’s Law School. Visit the site for a 20-minute video supplement to the pamphlet.

Residential_Foreclosure_Program:_An_Overview_for_Homeowners from the New York State Unified Court System

Provides basic information about the legal aspects of the foreclosure process.

 

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Contact

Lauren McLaughlin

HomeOwnership Center Manager
lmclaughlin@hudsonriverhousing.org
(845) 454-9288 - Office