Foreclosure education events for homeowners, REALTORS® set for May 2
Monday, March 14, 2011
The Orlando Regional REALTOR® Association will be holding its second free Foreclosure Prevention Workshop for Homeowners on Monday, May 2 from 6:30 – 8:30 p.m. The workshop will be held in the cafeteria of Freedom Middle School, which is located off South John Young Parkway in the Hunters Creek area.
As at the first workshop for homeowners, speaker Cathy McDaniel, author of A Road Map To Saving Your Home, will address questions such as:
*What happens when I miss a mortgage payment?
*How does mortgage foreclosure work?
*What are my alternatives?
The presentation will also include a panel of attorneys provided by the Central Florida Real Estate Council (CFREC). Afterwards, homeowners will be able to mingle with attorneys, REALTORS®, and housing professionals who can answer individual questions. ORRA will even provide Spanish-speaking volunteers available to assist with language.
The foreclosure-prevention workshop is the second in a series produced by ORRA, which was awarded a $5,000 grant from the National Association of REALTORS® (NAR) in support of the program. ORRA is matching the grant with its own funds, and CFREC is contributing $500 toward each workshop.
The funding from NAR is provided through its Foreclosure Prevention and Response Program, which aids REALTORS®, their clients, and the nation's communities in facing the challenges of the current market. Through this program NAR offers grants to help state and local REALTOR® associations develop coordinated plans of action to prevent foreclosures and respond to their adverse affects.
REALTORS® who are interested in attending the public workshop are encouraged to register for ORRA's Foreclosure Prevention for REALTORS® class, which will be also held on Monday, May 2 from 9:00 a.m. – 4 p.m. at ORRA. The class is worth six continuing education credits and costs $99 to register.
This class will prepare REALTORS® to help homeowners facing foreclosure, and will include a component on how to host your own foreclosure-prevention workshop.