Over the past few months I have received many questions regarding loan modifications, foreclosure rescue and short sales.  Today I’m going to share you with my experience when I recently visited Congresswoman Jackie Speier's office.

After all, congressional members are elected by us and they and their staffs are paid by us, the taxpayers, and certainly lenders and banks are benefiting from the recent stimulus packages, so it made sense for me to find out what my congressional representative was doing about assisting homeowners sho are experiencing financial hardships that are affecting their ability to make their mortgage payments.

And, I’m happy to report that Congresswoman Speier is being very proactive providing assistance to her constituents that are experiencing financial hardships, especially related to their homes.  As a matter of fact, the staff member I met with in her San Mateo office, was not only professional and concerned, she has become quite an expert with the ins and outs of the loan modification process. 

To provide assistance to homeowners in financial distress, Congresswoman Speier has partnered with San Francisco Supervisor Carmen Chu to host a workshop for homeowners experiencing financial hardship. Click to learn more about the Crisis to Recovery Resource Fair for Homeowners in Distress which takes place July 25th 2009 in San Francisco.  By attending will you learn about mortgage loan modifications and how to avoid foreclosure scams and you will be able to meet with a counselors. 

AND if you have a mortgage with Wells Fargo, Chase/Washington Mutual or Countrywide/ Bank of America, there will be Mortgage Modification Evaluation Specialists on hand to discuss your circumstances.

If you or someone you know is experiencing a financial hardship I recommend attending this workshop on July 25th in San Francisco. 

Congresswoman Speiers 12th congressional district includes the peninsula communities of Redwood City and north plus parts of San Francisco.  If you live elsewhere you can find out how to contact your congressional representative by clicking this link: Bay Area Congressional Representatives’. 

If you have questions about real estate or mortgages and are in the San Francisco Bay Area I can be reached by phone at 650 325 7877 or email me at russ@bayareateam.com.

Be sure to check out the market reports available at www.bayareamarektmetrics.com .  Available reports include Median Price, Pending Sales, Closed Sales, New Listings, Inventory, Days on Market and more.  Reports can be customized by property type, price range, room count, square footage, zip code, city or neighborhood. 

Just send me your request to my email, russ@bayareateam.com and you will get the report within 24 hours.  No registration on our website and no obligation for your customized report.

And don’t forget, you can search for all bay area homes for sale at www.alllbayareahomesforsale.com. Or if you are just interested in short sales and bank owned, search www.allbayareabankowned.com .

Learn more about home buying and selling with your complimentary copy of my book, Let’s Make a Deal, the Insiders Guide to Buying and Selling Real Estate. Send me an email and I'll send you the link to the PDF version.