Concord NH~Joni~Merrimack County

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Foreclosure and Predatory Lending-Help For New Hampshire Homeowners

 

                                                     DON'T BORROW TROUBLE Hot Line           CALL 866-623-1302

                                                                                            Web site: www.dontborrowtroublenh.org

                                                                       Brochure 

  Are you in danger of Foreclosure? Or,do you feel you are the victim of Predatory Lending? Then call for these brochures!

  Foreclosure: This brochure will help you learn about Foreclosure in New Hampshire about rescue scams, your legal protections and about where to go for Free help. If you are in trouble and do not take steps to prevent foreclosure, You will lose your home! You need to educate your self about foreclosure, consumer protection laws and you need to CONTACT YOUR LENDER

  Do you understand terms such as:

  •    Foreberance
  •    Loan Modification
  •    Partial Claim
  •    Pre-Foreclosure Sale
  •    Bankruptcy
  •    Deed-in-lieu of Foreclosure

  If not call and get a copy of this brochure.

  Predatory Lending: This brochure will help you learn the WARNINGsigns of a risky loan. It will show you how refinancing can be risky and when debt consolidation can be Dangerous! It will help you weigh your options.

                                                   Don't Sign Anything That Puts Your Home At Risk

  Take advantage of the Free information available to you such as Counseling Services,Free legal Advice and a list of Banking Regulators.

                                                                      DON'T BORROW TROUBLE

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  Don't Borrow Trouble New Hampshire is a coalition of organizations who have joined together to prevent predatory lending. The campaign is administered locally by New Hampshire Housing.

 

 

  Concord NH Realtor Area Information

 

 

 

 

 

 

 

 

   

 

 

 

 

 

 

NH's Four Seasons 

                                                                
Joan Mirantz - Joni is a Realtor® with Homequest Real Estate, a locally owned, Customer Service oriented Firm.
Joan Publishes a monthly Newsletter "Food For Thought" under the pen name Realtor Sherpa.
(Joan also answers to Miz Maven and Miss Joni.)

Joan works in Buyer and Seller Representation with concentrations in the Merrimack Valley Area and towns surrounding Concord NH - the Capital City.
"I love what I do, and it shows in how I do it"

Having crossed over to the "other side of Middle Age" herself....Joan is an ongoing source of information about local programs, facilities and issues specific to her peers! 

 
Livin' the Life...and Ridin' the Wave

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Comments

There was word that the Lenders were supposed to help these homeowners out, most of the attitudes are not really that much help. It will take a congressional act to impose the standards that need to be complied with by the lenders.

One of the real problems is that the lenders are not always the same ones that did the loan. They bought these loans at a discount and do not have the the same vested interest that the original lender might have had.

Posted by San Diego Real Estate Voice authored by William Johnson GRI CRS e-Pro CDPE (RE/MAX Associates) over 4 years ago
Very important information Joan. Thank you for spreading the word!
Posted by Monika McGillicuddy Southern NH & the Seacoast Area (Prudential Verani Realty/Hampstead) over 4 years ago
William...I met the legal advisor for New Hampshire Housing at our Membership meeting today. This organization is very pro-active when it comes to NH home owners. They are affering help and direction for free to any who call...this will at least give customers some ammunition and guidance through a messy,messy maze!
Posted by Joan Mirantz GRI CBR SRES- Concord New Hampshire Realtor (Homequest Real Estate) over 4 years ago
Hi Monika...We had a really good Membership meeting today. Lots of really good info! I didn't even know that this service existed...and will be passing it on!(of course a 4hour meeting was a bit much but....)
Posted by Joan Mirantz GRI CBR SRES- Concord New Hampshire Realtor (Homequest Real Estate) over 4 years ago
Joan, I'm sorry to say I didn't know a few of those things on your list...and guess I had better learn.  Although I have heard the term "Predatory Lending" I didn't until just now realize what that was.  Thank you for you information, it's always valuable.
Posted by Laura Cerrano and Carole Provenzale Owner, Feng Shui Long Island & New York (Feng Shui Long Island & New York City/Feng Shui Manhattan ) over 4 years ago
Carole...Your right! This information is important for everyone!
Posted by Joan Mirantz GRI CBR SRES- Concord New Hampshire Realtor (Homequest Real Estate) over 4 years ago
Fortunately, none of my clients are facing these problems -- However, this information is priceless and I am glad you posted this on your blog!
Posted by Joan Whitebook Southern New Hampshire (BHG The Masiello Group) over 4 years ago
Thanks Joan! I thought it was invaluable...
Posted by Joan Mirantz GRI CBR SRES- Concord New Hampshire Realtor (Homequest Real Estate) over 4 years ago
Well, Joan- better late than never, right?  It's too bad that the predatory lending pamphlet wasn't around when the need for it was critical, but at least people now have a place to go that acknowledges that yup, there were some verrrry gray areas.  Your buyers and sellers are lucky that you take the time to offer solutions- they're out there, if people can just hang on.  Great post!
Posted by Laurie Mindnich at Options Realty over 4 years ago
Hey Laurie...I've been slow on the uptake this week myself! Can't seem to "get with it"!
Posted by Joan Mirantz GRI CBR SRES- Concord New Hampshire Realtor (Homequest Real Estate) over 4 years ago

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