In a foreclosure situation, the bank may be required to determine the "Net Present Value" of your home. Doing this math can help the lender know whether a loan modification would be in everyone's best interests. The attachment below is the calculator the FDIC posted on its website until recently and the one that Maine mediators are still using
You can file the attached form in the Maine District Court if you get court papers saying that your home is being "foreclosed." You must act right away; there is a 20 day deadline.
Watch this video to learn some basics about foreclosure in Maine. Then go to our Foreclosure Prevention Toolkit to view more videos and read more detailed self-help information.
Caution! Repair and deduct can be a risky strategy - read our information about the Rights of Maine Renters in Unsafe or Unfit Housing before you try to use this form!
Effective March 1, 2014, Maine landlords are required to test rental units for radon gas. More details here We have linked below the Maine DHHS standard radon disclosure form, with their "Radon Tips" information attached.
Here is a sample letter you can send to your landlord to notify them of bed bugs in your building. NOTE: This notice was drafted for use by Maine tenants. The laws may be different in other states.