Real estate blog entries tagged with connecticut foreclosure mediation programs by Donna Springer (Coldwell Banker Residential Brokerage)

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Home : Blogs : Donna Springer : Milford Ct Real Estate News : Tag "connecticut foreclosure mediation programs"

connecticut foreclosure mediation programs: Connecticut Foreclosure Mediation Program offers a life line to distressed home owners - 01/03/09 08:41 AM

The Connecticut Association of Realtors wants to get the word out that the Connecticut Legislature passed the Comnecticut Foreclosure Mediation Program in June 2008 and it went into effect that July. As of October 31st, 680 cases have been completed mediated resulting in a 70% settlement rate with either the home owner being able to stay in their home(53%) with loan modifications or moving from their home (17%) because of a short sale or foreclosure.
These mediations sessions do not require the owner to have an attorney and are mediated with Judical employees trained in foreclosure law. This program may help homes owners … (0 comments)

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Donna Springer

Milford, CT

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Coldwell Banker Residential Brokerage

Address: Woodbridge, CT, 06525

Office Phone: (203) 392-3318

Cell Phone: (203) 906-2549

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