As I am speaking with REALTORS and borrowers alike, I am hearing a feeling of hopelessness and not knowing where to go.
But we will come out of this if we all do our part!
Reach out, connect, ask for help, and if you can give, please do so.
Below you can find some National and individual state resources that should offer some peace of mind during these uncertain times.
Don't forget to also check the state, county and city websites in your area for additional resources.
On March 18, the U.S. Department of Housing and Urban Development (HUD) announced a suspension of all evictions for HUD-financed properties. On the same day, the Federal Housing Finance Agency (FHFA) directed Fannie Mae and Freddie Mac to suspend foreclosures and evictions for at least 60 days due to the coronavirus national emergency.
The Department of Education announced that it will allow forbearance on federally backed student loans for sixty days beginning on March 13, 2020. Likewise, the Administration has also waived all interest on student loans for this period. You must contact your loan servicer to be a forbearance. Servicers are sharing information about how borrowers can seek remedies.
Housing Help: Homeowners looking for help with their mortgage payments should the Arizona Department of Housing can help with:
Contact the Arizona Department of Housing via their website or call 877.448.122 Renter Help:
During times of crisis, there is an increased risk of scams and fraud. Protect yourself by asking questions, reading the materials provided to you, and avoiding any solicitations requiring up-front cash payments.
If you think you may have been a victim of a scam, contact the U.S. Department of Justice Disaster Fraud Hotline at 866-720-5721.
If you find any other resources, please share them!
These are just a few of the reputable resources I have found. There are many more BUT just be safe and make sure you are dealing with a legitimate charity or government agencies.
If you’re unsure, feel free to reach out and ask!