 |
 |
 |
For Homeowners |
|
|
The first thing you need to do is TAKE A DEEP BREATH! The foreclosure process takes time. Homeowners in Delaware
have up to 9 months to act after missing a mortgage payment to avoid losing their home. That being said, all of the
research shows that the sooner a homeowner addresses the problem and seeks help, the better the chance they can save
their home. You have taken the right first step. The State of Delaware has committed resources to help you through
this process. We are here to help! Below you will find links to more information to help you. Because each homeowner’s situation is unique, it is up to you to be your own best advocate but we are here to help you do just that! Mortgage Payment Assistance:
Delaware Emergency Mortgage Assistance Program (DEMAP) Commonly referred to as the DEMAP Program, this statewide program provides Delaware homeowners with assistance in preventing residential mortgage foreclosure(s) that result from circumstances beyond the homeowner's control. Residential Mortgage Foreclosure Mediation Program The new foreclosure mediation program creates a process by which homeowners are connected to housing counseling and provided an opportunity to participate in a mediation session prior to the Court entering a judgment of foreclosure. This program gives homeowners a great opportunity to work with housing counselors, their lender and a neutral mediator to reach a positive alternative agreement and avoid foreclosure. |
|