Prevent Home Foreclosure in Kentucky
With the growing trend nationwide of home foreclosures, many states are wondering what they can do to help homeowners. The reason is simple: prevent foreclosure, keep families in their homes. Kentucky is among a growing trend by state governments nationwide to offer foreclosure prevention assistance to qualified homeowners.
The Kentucky Housing Corporation has started the “Keep My Kentucky Home” program that is available to qualified homeowners.
The Kentucky Homeownership Protection Center provides a centralized location for information on public services to assist Kentuckians in keeping their homes. Homeowners can find information on the foreclosure process, utility assistance and home repair assistance to make smart choices and avoid losing their homes.
If you are currently delinquent on your home loan, in danger of becoming delinquent or are just starting to have financial problems that may affect your ability to pay your mortgage, do not risk losing your home.
This program offers tips and assistance with topics suck as credit rating issues, tax questions, repairs and utilities.
Protecting homeowners and assisting those at risk of foreclosure in Kentucky is vital to the economic well being of both the State and local governments. If a home is foreclosed upon that means no tax income for the local and state government. In addition, vacant homes breed increased crime and devalue neighboring properties.
You can learn more about the Protect My Kentucky Home program and what the service offers to prevent foreclosure in Kentucky.
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