Event Offers Help for Las Vegas Homeowners - 8 News NOW

Event Offers Help for Las Vegas Homeowners

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LAS VEGAS - Las Vegas is still struggling to recover from the recession, as is evident by the number of foreclosed homes in the valley. Now, the City of Las Vegas is taking steps to help struggling homeowners.

Nevada was the worst state in the nation for foreclosures for three years during the recession. Friday, the City of Las Vegas is providing free help to homeowners.

Learn More About the City's Mortgage Assistance Event

Homeowners can sit down with financial counselors at the Financial Guidance Center at 2650 Jones Boulevard. Counselors will offer steps people can take if they are at least 30 days behind on their mortgage payments.

The city is teaming with mortgage financial giant Fannie Mae and the Financial Guidance Center - a nonprofit - to put on the event, which is only for homeowners with mortgages owned by Seterus, Inc.

The Financial Guidance Center says it's an easy process. The counselors are available Friday from 10 a.m. to 7:30 p.m. and Saturday from 9 a.m. to 2:30 p.m.

"Las Vegas has been the epicenter for this crisis for too many years, and it's not resolved," said Financial Guidance Center President Michele Johnson. "The cities are affected, the jurisdictions are affected when there's a foreclosure, when there's an empty home. The lenders are affected when there's someone living in a home who's not making a mortgage payment."

The counselors can help you through the entire process, but they're not going to sugarcoat anything. If you have no option other than losing your home, they're going to tell you and show you what to do.

Approximately 100 homeowners have already signed up for the event.

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