Foreclosure Counseling

PROGRAMS

Foreclosure Counseling

The homeownership preservation counseling provided by Southwest Solutions is recognized as one of the leading programs of its kind in the Detroit area because of its effectiveness in helping homeowners avoid foreclosure and keep their homes. Our agency is HUD-approved and our professional counselors are NeighborWorks-trained and HUD certified. We are currently offering all of our services virtually via ZOOM or phone.

How do I get started?

Please read the instructions: How to set up your My Home account.

Create your account within our My Home website portal to access our counselors and services. Go to the Home Preservation dropdown menu to choose either the property tax or mortgage foreclosure prevention service option. The My Home system will ask you to provide some basic information to allow counselors to help you.      

*Be sure to fill in all information fields when prompted to enable the start of service*

We are required by our funders to collect this information, so while it may seem overwhelming at first, the information and documents you provide will allow us to better understand your current situation.

Currently, we are only assisting homeowners within the City of Detroit. If you are a Michigan homeowner outside of the City of Detroit, see the Michigan State Housing Development Authority tool to locate MSHDA certified housing counseling agencies.

Southwest Economic Solutions’ foreclosure prevention services are free of charge. Our counselors work with homeowners facing financial hardship to submit the necessary documents to obtain property tax or mortgage default assistance. These arrangements benefit not only the homeowners, but lenders and the neighborhoods too, because they preserve equity and property values.

Mortgage Default Services

Our counselors can guide you in determining what options are available for direct assistance to prevent mortgage foreclosure or in navigating your mortgage servicer’s application for mortgage assistance. The most important first step is always to communicate with the mortgage servicer immediately, at the first sign that you are about to fall behind with your mortgage payments or if you are already one or more months behind. DO NOT WAIT to contact your mortgage servicer to find out what assistance is available and how to apply for it. Once you are connected with a foreclosure prevention counselor at Southwest Economic Solutions, they can provide guidance wherever you are in that process and also connect you to any other assistance that may be available. 

Property Tax Foreclosure Prevention

Make sure you understand how property taxes work so you can stay in your home! If your home has delinquent property taxes, you may be at risk of foreclosure. If you are three (3) years behind on your property taxes, the Wayne County Treasurer can take your home through tax foreclosure. Our professional counselors have strategies that can help you to avoid this.

Other Services

We can often help you keep your home. But even when Southwest Economic Solutions cannot prevent the foreclosure, our counselors can assist you in many other ways, including helping you to find affordable housing and build a better financial future through our financial capabilities curriculum.

Financial capability is provided through our Center for Working Families, by our Financial Coach, Kathy Ralston, a MSHDA-certified financial coach. Experts strongly recommend financial coaching, especially for homeowners, because of its proven success in helping families manage and protect their homes.

Are you a Detroit Homeowner? The Detroit Homeowner Preservation Workshop highlights strategies and programs that can help residents preserve and maintain their homes and, most importantly, avoid foreclosure. Our unique and comprehensive workshop explores what being a homeowner in Detroit involves. Join us to learn more about property tax programs, home repair programs and financial management. Sign up here to attend our next workshop.

RESULTS

In 2019, we helped over 100 Detroit Homeowners apply for the Homeowners Property Tax Assistance Program (HPTAP)

to significantly reduce their taxes and help preserve their homeownership.

Good, affordable housing available for families whose mortgages cannot be renegotiated
40% of those we counsel for foreclosure are also referred to our Center for Working Families
Research from NeighborWorks America shows that homeowners who receive credit counseling are 60 percent more likely to avoid foreclosure than those who are not counseled
Participated in Freddie Mac’s national Borrower Help Network and partnered with Fannie Mae to provide expert foreclosure counseling to its distressed borrowers in Michigan
The Skillman Foundation calls our services “by far, the best and most effective foreclosure prevention program”

CONTACT:

Southwest Economic Solutions is located at the Welcome Center at 2835 Bagley, Suite 800, Detroit, MI  48216. To learn more or schedule an appointment, call us at 313.841.9641 or email us.

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