Supporting Homeowners

 Supporting Homeowners a non for profit llc was formed in March 2011 in the hope of bringing solutions to todays foreclosure crisis in Maricopa County.  It was formed in an effort to help minorities find a solution to their housing needs.  Studies perform by Northwestern University pointed to the fact that Hispanic and Black buyers were the ones most preyed upon during the housing bubble by predatory lenders.  This has resulted in Hispanic and Black households having the highest percentage in foreclosures throughout the country.  The same studied also noted the negative effects a foreclosure has in children affected by it.  The studied pointed that children whose custodians went through the trauma of a foreclosure were more then likely to not finish High School.  Supporting Homeowners has teamed up with investors who are willing to buy short sales and with the banks approval rent those same properties over to the previous owner.  This will lessen the impact of a foreclosure in the household.  Supporting Homeowners helps individuals through counseling rebuilt their credit after a foreclosure, bankuptcy or a short sale.