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Posts from December 29th, 2008

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December
29

View The Story @ www.myeyewitnessnews.com

 

Reported by: Lacey Crisp

 

Email:LCrisp@MyEyewitnessNews.com

 

Last Update: 9:43 am

 

RALEIGH, TN - There were more than 1,200 home foreclosures in Shelby County in the month of November. One realty company is trying to help people out of that situation.

 

"I like this neighborhood, the quietness, and peaceful. That's what I really like about the area," said Dorothy Rayford.

 

Rayford bought her Raleigh home 6 years ago. Back then her interest rate was 10 percent and she was working full-time. Now she's retired, and her interest rate has jumped to 12 percent. She says she's struggling to make her mortgage payments. A program called, "Save the Dream." may save her from foreclosure.

 

But Rayford might not be able to stay here. She has been late on mortgage p...

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