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La Pine family gets $50000 to pay down mortgage

LA PINE, Ore. - A new program has the power to help families on a fixed income who are struggling to make their mortgage payments. It's called the Principal Reduction Program, and it pays up to $50,000 to reduce an unpaid mortgage. 

Laura and Brian Beebe of La Pine applied for the program and qualified for the $50,000 in assistance. They live with their daughter, Gabrielle, and their three dogs. They've lived there for almost 11 years. 

"We've struggled a little bit these past few years," Laura said Wednesday. "We're both disabled and we have a 14-year-old, so it's a little bit of a struggle."

The program is designed for homeowners on a fixed income who are struggling to make their mortgage payments. The Oregon Homeownership Stabilization Initiative and Central Oregon's NeighborImpact make it possible. 

"We really needed it, and I didn't even think it was real," Laura said.

Legal Notices 11-15-18

TAX FORECLOSURE SALES

NOTICE OF SALE UNDER JUDGMENT

OF FORECLOSURE OF LIENS FOR

DELINQUENT LAND TAX

Revised Code, Sec. 5721.191

Case No. 17-F-000985

CHRISTOPHER P. HITCHCOCK, TREASURER OF GEAUGA COUNTY, OHIO, Plaintiff vs. TERRY J. MAHAFFEY, ET AL., Defendants

Whereas, judgment has been rendered against certain parcels of real property for taxes, assessments, penalties, costs and charges as follows:

Parcel No(s): 23-333400 – 0.07 acres; 23-333500 – 0.07 acres; 23-007410 – 0.07 acres; 23-385616 – 0.02 acres.

Address: known on the tax duplicate as 23-333400 – 14660 EDGEHILL DRIVE, NEWBURY TOWNSHIP, OH.; 23-333500 – VACANT LAND ON EDGEHILL DRIVE, NEWBURY TOWNSHIP, OH.; 23-007410 – VACANT LAND AT 14668 EDGEHILL DRIVE, NEWBURY TOWNSHIP, OH.; 23-385616 – VACANT LAND ON EDGEHILL DRIVE, NEWBURY TOWNSHIP, OH.

Has anyone had success with a principle reduction in California with Wells Fargo home mortgage?I am being?

reviewed for a modification and was wondering if a principle reduction would be available with Wells Fargo? Or what service did they use to complete the principle reduction. Thanks.


Who is your investor? Fannie Mae is the only investor that I am aware of that is currently allowing principle forgiveness, but of course you would have to qualify. As someone else stated, under Hamp, you can be given a Princple Forebearance or Setaside.