Dear Crye-Leike Family,
There are now hundreds of thousands of families all across America facing foreclosure because they simply cannot afford their mortgage payments, or they owe far more than their house is currently worth. To make matters even worse, the Mortgage Bankers Association reports that approximately 50% of home owners who do lose their homes to foreclosure have never once contacted their lender.
With this stark reality in mind, we are writing to you today to initiate a system-wide Call-to-Action to the more the thousands of brokers, managers and sales professionals who are affiliated with us. We are asking each of you to help "Save the Dream" of home ownership for just one family facing foreclosure. We believe that we have both an opportunity and an obligation to help our neighbors and our local communities by trying to prevent as many foreclosures from occurring as possible.
This "Save the Dream" initiative may require several hours or even a few days of your time, but we are confident the end result will be well worth the effort, both personally and professionally. Specifically, we are asking each of you to find just one family in your local community who may be facing foreclosure and help them reach out to their lender or a housing counseling agency so that they can begin the process of exploring a loan workout solution and hopefully stay in their homes. If you don't know of anyone in this unfortunate position, we're confident that you can use your networking skills to find someone who needs this kind of help and approach them in confidence and with great sensitivity to the situation. Collectively, we can make a difference.
Here are direct links to two of the best resource sites available that you can use both to educate yourselves and to share with people in need of learning more about how they can help themselves avoid foreclosure:</p>
Guide to Avoiding Foreclosure (U.D. Department of Housing and Urban Development) http://www.hud.gov/foreclosure
The HOPE NOW Alliance and the Homeowner's HOPE Hotline (1-888-995-HOPE) http://www.hopenow.com
One thing we have learned during our career as real estate professionals is that we REALTORS? are very focused on community service. You spend time every year supporting a myriad of very worthwhile causes like Habitat for Humanity, Youth Villages, Big Brothers Big Sisters, Toys for Tots and Make-A-Wish, to name just a few. You know firsthand that doing good deeds is indeed good business. More than that, we know you care deeply about your communities.
America got into this foreclosure crisis one house at a time, and we need to resolve it one house at a time. Please help "Save the Dream" for someone today. Thank you.
Harold Crye and Dick Leike
Save the Dream, Crye-Leike Launches Grassroots Effort to Stem the Flow of Foreclosures
November 14, 2008