By: Denitra Braham, Housing Counselor
The most rewarding part of my job is when I assist a person who comes in seemingly hopeless and I help them create a new outlook on their circumstances.
I had the pleasure of assisting an elderly homeowner, Grace*transition from her home and into a senior living facility. When Grace first came in she was insistent about keeping her home, but I knew she couldn’t afford it and she had negative equity, so would not qualify for a reverse mortgage.
I explained to her that it was impossible for her to keep the home, but that she was in no way a failure for no longer being able to make the payments. I told her that she had worked hard her whole life and created a home for her children and herself and now it was time for her to relax and enjoy life stress free. I could tell that she was disappointed, but I encouraged her to take some time to think about our conversation and that I would proceed any way she decided to go.
Grace called me a few days later and said she mulled over what we discussed and was able to recognize that transitioning to senior housing would be the best move for her. I connected her with several contacts and resources for senior living and helped her complete the paperwork for a deed in lieu.
At first finding senior accommodations seemed bleak, but the deed in lieu was in progress and time was limited. After 5 months of diligent searching, it did not look like Grace would be able to find an apartment in a retirement home in time. I made some calls to her mortgage company and Grace was persistent in her search as well. Then after another month, everything fell into place.
Grace was able to secure an apartment in the senior retirement home she had originally chosen with a rent of $187.She received her deed in lieu with $10,000 for her transition through the Home Affordable Foreclosure Alternatives program (HAFA), and was given an additional 6 months in her home to pack up and move.
She called me and thanked me for sticking in there with her and encouraging her to make the best decision for her situation. This was one of the most rewarding experiences I have ever had.