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Organization Rescues Woman’s Home from Foreclosure - Debbie Anderson enrolled in a donor program to save her life. While her employer held a position for her, there was no source of income during her recovery. When Buyers Fund learned Anderson faced foreclosure they wanted to help
Organization Rescues Woman’s Home from Foreclosure

 

NewswireToday - /newswire/ - Provo, UT, United States, 2006/08/21 - Debbie Anderson enrolled in a donor program to save her life. While her employer held a position for her, there was no source of income during her recovery. When Buyers Fund learned Anderson faced foreclosure they wanted to help.

   
 
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Those who know Debbie Anderson describe her as strong spirited. She has conquered countless personal and financial setbacks, but even that strength could not overcome her most recent hardship: imminent foreclosure.

In December 2005, Anderson was diagnosed with kidney failure, entered into dialysis treatment and enrolled in a donor program to save her life. Fortunately the dialysis program was short lived as she received a kidney transplant three months later. While her employer held a position for her throughout this health crisis, there was no source of income during her treatment and recovery.

“My husband is currently in a care facility because two months into our marriage he was diagnosed with early Alzheimer’s at 43 years of age,” Anderson said. “So, since I was the only one working I knew I had to contact my lending company immediately to ask for a forbearance because I could not make my mortgage payments during my medical leave.”

While Anderson and her employer made numerous attempts to contact her lending company, she was unable to reach the person administering her loan.

“The only time I heard from them was early June with a letter that stated they were putting my house in foreclosure,” Anderson said. “It felt like they were working against me and not with me because they wouldn’t communicate.”
When Buyers Fund, a nonprofit organization, became aware of Anderson’s plight they wanted to help. The Buyers Fund board of directors, Preston Naylor and Brad Lindsey, met to evaluate Debbie’s circumstances and committed to donate the over $4,000 needed to bring Anderson current.

"Debbie has faced many challenges in her life, but has shown the resiliency needed to fight through these challenges,” said Buyers Fund CEO David Ahrens. “Being a homeowner brings a tremendous amount of pride and is something that is part of the American dream. We are thrilled to help Debbie keep this part of her dream alive."

Established in 1999, Buyers Fund (buyersfund.com) was formed to help qualified homebuyers eliminate the biggest obstacle standing in the way of homeownership, the down payment. Removing this obstacle has helped over 118,000 households nationwide achieve the benefits of homeownership.

“Years ago I had to file a chapter 13 because my husband got sick, but I agreed to the chapter 13 plan, paid it off in full, restored my credit and was able to buy a home,” said Anderson. “Now because of my health problems I was going to lose it all again, but thanks to Buyers Fund I get to keep my home.”

Buyers Fund’s mission statement in part vows, “To help people get into homes and keep them there.” Without the aid of Buyers Fund, Anderson believes she would have lost her house and the dream she worked so hard to maintain.

“I have had a lot of tragedies in my life and it makes me feel really good knowing that someone out there is willing to help,” said Anderson.

 
 
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Organization Rescues Woman’s Home from Foreclosure

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Publisher Contact: Aubrie Spence - BuyersFund.com 
888-627-3023 aubries[.]buyersfund.com
 
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