Palm Bay Foreclosure Assistance Seminar Aug. 17

By  //  July 15, 2013

free and open to the public

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ABOVE MAP:  The 2013 Foreclosure Assistance Seminar will be held at the Palm Bay Community Center is located at 1502 Port Malabar Blvd. NE.

BREVARD COUNTY • PALM BAY — The 2013 Foreclosure Assistance Seminar will be held Saturday, Aug. 17, from 9 a.m. – 1 p.m. at the Palm Bay Community Center located at 1502 Port Malabar Blvd. NE.

Palm Bay Community Center (Image For SpaceCoastDaily.com)
The 2013 Foreclosure Assistance Seminar is free and open to the public. It is designed to offer information on foreclosure alternatives, federal foreclosure assistance programs and other topics designed to educate the public about home ownership, home buying, mortgage refinancing and many other important topics related to today’s housing market. (Image For SpaceCoastDaily.com)

The seminar is free and open to the public and is designed to offer information on foreclosure alternatives, federal foreclosure assistance programs and other topics designed to educate the public about home ownership, home buying, mortgage refinancing and many other important topics related to today’s housing market.

Seminar attendees will be able to speak directly to bankers, financial counselors, mortgage loan officers, attorneys, title agents, brokers/realtors, appraisers, case managers, Brevard Workforce representatives and other experts in the field.

BREVARD COUNTY HAS HAD 47,000 FORECLOSURES SINCE 2003

In the last 10 years Brevard County recorded more than 47,000 foreclosures. Although the last two years saw declines in the number of foreclosures since the record high 9,772 recorded in 2009, the first six months of 2013 shows an increasing trend compared to last year.

“The foreclosure rate remains a serious housing problem throughout Brevard County,” said Bill Pehaim who is coordinating the seminar with the city’s Housing and Neighborhood Development, HANDS, office.

“The foreclosure rate remains a serious housing problem throughout Brevard County,” said Bill Pehaim who is coordinating the seminar with the city’s Housing and Neighborhood Development, HANDS, office. “This seminar is a great opportunity to find all the information and resources regarding this issue in one place.”

“This seminar is a great opportunity to find all the information and resources regarding this issue in one place.”

2,127 FORECLOSURES HAVE BEEN RECORDED THIS YEAR

During the first six months of this year 2,127 foreclosures have already been recorded. That is an increase from the 1,606 foreclosures recorded during the same time period in 2012.

“If this trend continues Brevard County will be recording its fifth highest foreclosure rate since 2004,” said Pehaim.

“We need to stabilize the market and in order to do that people need to know what options are available. There is help available and this free seminar is a good place to start gathering that information.”

Food and beverages will be available. There will also be a supervised play area for children. Information will also be available in Spanish and Creole.

For more information regarding the seminar please contact the HANDS office at 321-952-3429 or email at pehaib@pbfl.org