Just over two months ago, the Making Home Affordable (MHA) program delivered much-needed relief to distressed homeowners in Biloxi, Ocean Springs and Gulfport, Mississippi.  As soon as the program became available, we were able to assist 16 distressed families keep their home instead of falling into a Short-Sale and Foreclosure.  We at The Al & Dee Real Estate Team have established a "Helping Distressed Homeowners" Counseling program whereby any homeowner behind on mortgage payments, loss of employment, or facing foreclosure, can be educated in other available options.

Our responsibility to the Mississippi Gulf Coast community is to try and help as many distressed homeowners as possible keep their home with little or no impact on their credit.  This is a free service provided to anyone that feels there is no other way out than Foreclosure. We help homeowners understand other options such as Loan Modifications, Short-Refi, Refinancing at lower interest rates, and other.

HUD has requested a $100 million investment in our Housing Counseling Assistance Program for fiscal year 2010, a $35 million increase from our 2009 budget. This investment will help further support the work of HUD-approved housing counsellors across the nation, who play a key role in ensuring that borrowers can take part in the modification and refinancing options made available through Making Home Affordable. You can get additional information by visiting www.financialstability.gov.

For additional information please visit www.GulfCoastDistressed.com or contact us directly.

Wishing you the best... Al & Dee