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Douglas County Foreclosures

How Many Foreclosures Did Douglas County Have In 2010?

7,856OR

1 in every 6 Homes

How IsDouglas County

Addressing The Issue?

It Began With The November 30th

Meeting Of This Group

Westside HBAWest Georgia Board of Realtors

Douglas County Development AuthorityDouglas County Commissioner

Douglasville Development AuthorityCity of Douglasville Counsel Member

Douglas County Housing AuthorityGreystone Power

First Methodist Church of DouglasvilleDouglas County Chamber of Commerce

Note: Primarily The Private Sector

Initial Local Coalition

Keep People In Their Homes

Get People Into Vacant Homes

Address Un/Under Employment

Our Local Objectives

Assist Homeowners In Remaining In Their

Homes and Stabilizing Neighborhoods.

Save-A-Home Task Force

Objective

Task Force Make-UpClergy Loan Officers County CommissionerRealtors Remodelers AppraisersBankers

Education/Assistance – Partnered With CredAbility1. “How Do I Save My Home”

Initial: 4/9, 5/5 & 6/112. Foreclosure Scams-”Not My House”

Initially: 5/ 19 & 6/TBD3. Local Businesses Facing Layoffs

March 30th: Nioxin

Legal SupportPro-Bono Legal Task Force

Save-A-Home Task Force

Get People Into Vacant Homes&

Stabilization Of Neighborhoods

Sell-A-Home Task Force

Objective

How• Provide Realtors With the Tools Needed To Sell Foreclosures• Create A Sales Environment Conducive To Value Seeking Buyers

• Task Force Make-UpRealtors – Identify homes

Remodelers – Inspect and Estimate minimum requirements203-k – Develop guidelines and pre-qualify buyers

• ToolsRealtors – Knowledge & Training on Remodeling Options & Financing

Remodelers – Established Minimum Standards and Pricing Estimates203-k – Develop Mortgage Guidelines and Buyer Pre-Qualification

• Marketing“Foreclosures On Parade” Began 5/7, (Every Other Weekend Event)

• NSP Home As Welcome Center with Featured Homes• Buyer Education: 1) Owner Occupied, 2) PBP-D/NSP & 3) Investor• Information On Foreclosure Homes Available

Sell-A-Home Task Force

Douglas County Chamber of CommerceIndustrial Development Program

Douglas County Development AuthorityCity of Douglasville Development Authority

First Presbyterian Church ProgramWest Georgia Technical College

Employment Task Force

Financial Support For Initiative

Affordable FinancingMotivation For Banks To Loan Money

Low Interest Rates Rehab Assistance Program

What Do We Need?

Piece by Piece – Douglas

CONTACT INFO:Chris Collier,

678-715-0904WHBA@bellsouth.net

www.piecebypiecedouglas.com

☺DOUGLAS COUNTY☺A Peaceful Place To Live, Work & Play!