Monday, July 27, 2009

South Florida county's web page helps residents fight foreclosure

The town of Davie recenly launched its foreclosure prevention website. The site contains a printable resource guide to with information on ways to avoid foreclosure. Also available is a glossary of terms which may not be familiar to homeowners.

The town hopes to assist many of its residents who currently face foreclosure proceedings. There are currently over 400 homes in preforeclosure in Davie. The city commission has applied to the Florida Department of Community Affairs for $2.3 million in federal Neighborhood Stabilization Program funds to address the growing foreclosure problem.

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