Homeowners With Underwater Or Distressed Properties Can Find Answers Tonight In San Mateo
In the first of the 2013 panel event series, Bay Area Resource presents their Underwater and Distressed Property Panel Event in San Mateo this evening. Even with the home values of San Mateo county and other Bay Area regions rising, many homeowners remain underwater. Still other homeowners have equity in their homes yet they have foreclosure sale dates. Still others continue to go round and round in a seemingly never-ending process with banks otherwise known as the loan modification dance.
Many of these above mentioned issues will be discussed with a panel of experts that include: Rebecca Pinger from Community Legal Services in East Palo Alto, Keisha Woods from Senior Homeowner Services, John Figone from Prospect Mortgage, Patricia Lowe from Intero Real Estate, and Jeff Johnston from Johnston Tax Group.
In addition to discussions about loan modifications, the panel will address other Hot Topics such as the recently extended (through January 1, 2014) mortgage Debt Forgiveness Relief Act which will benefit homeowners who wish to short sale their home, or who accept a deed in lieu of foreclosure or who choose to go the foreclosure route.
California Homeowner Bill Of Rights To Be Discussed
Another Hot Topic will be discussed will be the California Homeowner Bill Of Rights which took effect January 1, 2013. Some of the homeowners rights include: no dual tracking by banks, a single point of contact for homeowners seeking loan mods and the ability for homeowners to sue the banks in regard to certain wrongdoings in the case of foreclosures and the foreclosure process.
For those who cannot attend in person, the event will be available live through webstream and live chat at BayAreaResource.com (under panel events). Otherwise, the event will take place every third Thursday through 2013.
When: Thurs. Jan. 17th Time: 6-8pm
Where: 1100 Park Place ‘Lobby’
San Mateo CA, 94403
Off Hillsdale and 101
– Between Whole Foods/Crunch Fitness