Foreclosure Resources - Call for help!

Homeowners, if you are facing a foreclosure, immediate help is available: Call 1-888-995-HOPE.

Call your Mortgage Company!! 50% of all foreclosures can be halted by calling the loss mitigation department of your mortgage company to work out terms.

For a complete list of local services, check out www.co.lucas.oh.us/foreclosurehelp.

Protect your home from vandals!
If you receive a notice of foreclosure or an order from the mortgage company to vacate the property, please contact your attorney. It may be to your advantage to remain in your home to protect it from vandals or other destruction.

Responsibility for Maintenance and Nuisances
Under municipal law, you may be fined and even imprisoned for failure to maintain your property. Bankruptcy and foreclosure do not relieve homeowners of the responsibility to maintain their property. The property owner remains responsible for nuisances and other code violations until ownership transfers to someone else. Transfer of ownership generally happens after a foreclosure sale and confirmation of sale, or a recording of a deed by a new owner.

Predatory Lending
The best way to avoid a foreclosure is to stay clear of predatory lending. The Toledo Housing Court has reserved videos at local library branches which teach you how to recognize and avoid predatory lending. For more information, click on the reference videos link.