Persistence and help from an experienced IHFA housing counselor

EAGLE, ID – May 25, 2010 – (RealEstateRama) — It’s a story heard more and more often in these economic times. Responsible homeowners who would never have dreamed that they wouldn’t be able to make their mortgage payments are now receiving foreclosure notices due to the tough economy. Bill Laubner of Eagle, Idaho was one such homeowner. Although he was responsible about his home purchase – putting 25% of his home’s value toward a down payment, reduction of income and the severe devaluation of his home took its toll and made it difficult to maintain his mortgage payments. Although Laubner attempted to work with his lender, he didn’t qualify for their programs


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