C.A.R. joins with U.S. Treasury to offer “Help for Homeowners” in Sacramento and Los Angeles

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LOS ANGELES, CA – March 21, 2012 – (RealEstateRama) — The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) has joined with the U.S. Department of the Treasury to help distressed homeowners move toward a solution to their mortgage problems at two events this week.

Homeowners struggling to make their mortgage payments can meet face-to-face with their servicers and HUD-approved housing counselors to explore foreclosure-prevention options and find solutions to their mortgage problems. REALTORS® may attend the event to accompany their clients and meet with lenders and loan servicers to assist in their clients’ short sale transaction discussions. Solicitation of non-client homeowners is not permitted.

“Many REALTORS® today are working hard to help distressed families stay in their homes by helping to facilitate a loan modification or short sale but are finding roadblocks to a satisfactory resolution,” said C.A.R. President LeFrancis Arnold. “Sometimes a face-to-face discussion with the lender or servicer is the best way to find an answer for the best possible outcome for the homeowner.”

The Help for Homeowners community events will be held this week in Sacramento at the Sacramento Convention Center, Tues., March 20, 1 p.m. – 8 p.m. and in Los Angeles at the Los Angeles Convention Center, Thurs., March 22, 1 p.m. – 8 p.m.

Additional information for homeowners about the “Help for Homeowners” events may be found at www.makinghomeaffordable.gov/get-assistance/homeowner-events/Pages/default.aspx.

Leading the way…® in California real estate for more than 100 years, the CALIFORNIA ASSOCIATION OF REALTORS® (www.car.org) is one of the largest state trade organizations in the United States with 160,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles.

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Leading the way...® in California real estate for more than 100 years, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) is one of the largest state trade organizations in the United States, with nearly 155,000 members dedicated to the advancement of professionalism in real estate. C.A.R. is headquartered in Los Angeles.

Contact:

Los Angeles - Executive Office:
525 South Virgil Avenue
Los Angeles, CA 90020-1403
Phone: (213) 739-8200
Fax: (213) 480-7724

Media:

Mark Giberson
Phone: (213) 739-8304.

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