Find out about foreclosure prevention
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- November
- 19
Today, I had a discussion with Greg Rand, managing partner of Prudential Rand Realty, about a Foreclosure Prevention Workshop his company is sponsoring. The workshop takes place from 6-9:30 p.m. at the Comfort Inn in Nanuet. There’s going to be a wealth of information for Rockland homeowners who are worried about foreclosure. Federal, state and local politicians will be on hand. Representatives the Legal Aid Society, HOGAR, Rockland Housing Action Coalition and other nonprofits that specialize in homeownership and housing issues will be there. Mental health professionals will be around to help sort out the stress issues that come with the threat of foreclosure. Rockland District Attorney Tom Zugibe is going to discuss fraud—a big concern. The foreclosure prevention business is a relatively new industry. For-profit companies are popping up as foreclosures rise. And it’s not a well-regulated field, Rand said. “People are vulnerable,” Rand said, and once people are aware that someone is in foreclosure, others will try to capitalize on that vulnerability.
Now, why would a Realtor want to coordinate something like this (besides the fact that a businessman was able to get all these nonprofits and political leaders who are all concerned about this issue together, in one room)? “We’re not just another merchant selling merchandise on Main Street,” he pointed out. “We sell Main Street.”
Yes, his business does better if the Lower Hudson Valley does better. Don’t we all?
This entry was posted
on Wednesday, November 19th, 2008 at 4:49 pm by Nancy Cutler.
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