Recognizing that education is the first line of defense against losing one’s home to foreclosure, the Nevada Department of Business & Industry has redesigned its Foreclosure Help website as a single point of information for all troubled borrowers.

Troubled borrowers, and their loved ones, can now more easily access a range of foreclosure-related resources through one dynamic, simple-to-use website.  The website was developed by Business & Industry as part of Governor Gibbons’ foreclosure assistance plan for Nevadans.  The site, located at http://foreclosurehelp.nv.gov, provides numerous local and national resources, brochures, and press releases that contain valuable information about the foreclosure process, prevention options, scams and upcoming events and classes.

“More and more homeowners are facing major financial decisions about their homes and are looking for a trusted source for foreclosure information,” said Nancy Hamilton, member of the Leadership Team for the Nevada Foreclosure Prevention Taskforce.  “Our thanks to Business & Industry for continuing to respond to the housing needs of Nevadans, in particular for this convenient and uncomplicated portal where Nevadans can quickly find help.”

The redesigned site also features the recently released Foreclosure Information Workbook.  The 45-page hands-on foreclosure guide was created by the Foreclosure Prevention Taskforce.  It is written in simple language and includes mortgage terminology, the role of the housing counselor, foreclosure prevention options, and a variety of tools such as communication logs and document lists.  The workbook is available for download, free of charge, at http://foreclosurehelp.nv.gov/Brochures/ForeclosureWorkbook.pdf.

Business & Industry reminds all homeowners that it is vital to contact your lender as soon as possible when you start having trouble making house payments.  If you’re not able to work with your lender, beware of scam artists trying to take advantage of your situation.  Instead, contact an approved housing counselor to make sure the advice you receive is accurate, reliable, and appropriate. Housing counseling services are usually free.   You can find an approved housing counselor near you by going to http://foreclosurehelp.nv.gov/HousingCounselors.htm. 

For more information about the Department of Business & Industry, go to http://business.nv.gov/.