Seminar provides tips on preventing foreclosure
Seminar provides tips on preventing foreclosure Save Email Print
Posted: 7:23 PM Aug 2, 2008
Last Updated: 7:23 PM Aug 2, 2008
Reporter: Stephanie Stang
Email Address: stephanie.stang@wndu.com

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Indiana is ranked in the top ten of states with the highest foreclosure rates.

But a foreclosure prevention network is working to help homeowners.

On Saturday, Lt. Governor Becky Skillman’s office -- along with Ivy Tech -- sponsored a foreclosure prevention workshop.

Homeowners could seek counseling on how to prevent debt, fraud, and mortgage scams.

One Walkerton family, Peggy and Harold Bolin, just received a foreclosure notice after working to prevent it the past year and half. They attended the seminar hoping someone could give them advice on what to do.

They say the county did not assess their property taxes correctly so now they can't afford the mortgage payments. They were under assessed for years and are now paying a year’s worth of back taxes.

“I was notified in Feb of 2007 that our payment was going from 647 to two thousand and I called them and said why is our payment increasing and that's when they said it was about the tax bill,” explains Peggy Boling.

The Bolins tried selling their home but couldn't after problems with the bank. They say the bank has yet to find the “certificate of origin” to the mobile home.

State Representative Jackie Walorski is now helping them and has contacted the State Attorney General's Office.

The Bolins are hopeful something will eventually work out so they can stay in their home.

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Comments are posted from viewers like you and do not always reflect the views of this station.
Posted by: Steve-O on Aug 4, 2008 at 12:07 PM
Mobile Home??? People still live in those. Wow i need to get out of the office more often.

Posted by: Anonymous on Aug 3, 2008 at 01:30 PM
First, learn how to manage your money. Understand what it means to Save!

Posted by: gloria winger Location: walkerton on Aug 3, 2008 at 12:27 PM
I also have modular home and need a certificate of origin can you help me?????

Posted by: Anonymous on Aug 2, 2008 at 11:01 PM
First, move out of St. Joseph County, to avoid the high taxes.


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