CLEVELAND, OH - Recent stories about an Ohio company accused of taking money from homeowners who went to them for help show how desperate people can be taken advantage of while trying to save their homes from foreclosure.
There is another organization homeowners should know about.
This group is called NACA (Neighborhood Assistance Corporation of America). They go around the country and host big events where homeowners come to get help with their mortgage. People wait in long lines for hours (sometimes 10, 12 even 16 hours) to get help. Then they may not be seen. If they are, they may not even get the help they need. We think it gives people false hope. NACA even makes people sign an agreement that they won’t work with anyone else to save their home.
They did an event in Cleveland last year and ESOP wound up helping lots of people who were burned by NACA.
Now they are about to do an event in Columbus this Friday and they’re advertising across the state to get people to drive to Columbus for this event.
It could really be a waste of time and an exercise in futility for desperate homeowners. There are plenty of ways people can get help much closer to home. HUD-certified, non-profit foreclosure prevention agencies will help homeowners FREE OF CHARGE. ESOP has nine offices across the state, including one near you.
You can talk to counselors here who had to help folks and heard the horrors stories after the Cleveland NACA event. I can also put you in touch with homeowners who were unhappy after going to NACA.
This is a good consumer alert for homeowners.
Let me know if you’re interested.
Director of Communications
Empowering & Strengthening Ohio's People (ESOP)
3631 Perkins Ave. Suite 4C-S
Cleveland, OH 44114
216-361-0718 ext. 1027
ESOP is a HUD-certified foreclosure prevention counseling agency and a leader in Ohio. We have 9 offices across the state and a nearly 75 percent success rate. We have been on the frontlines of the predatory lending and foreclosure epidemic since 1999. In 2010 ESOP helped save more than 3,200 homes from foreclosure; more than 16,500 since 2005.