Monday, December 21, 2009

Beware of FORECLOSURE RESCUE SCAMS 6 way's to avoid getting scamed


Beware of Foreclosure Rescue Scams - Help Is Free!


1) Beware of anyone who asks you to pay a fee in exchange for a counseling service or modification of a delinquent loan.

2) Scam artists often target homeowners who are struggling to meet their mortgage commitment or anxious to sell their homes. Recognize and avoid common scams.

3) Assistance from a HUD-approved housing counselor is FREE.  http://www.hud.gov/offices/hsg/sfh/hcc/fc/

4) Beware of people who pressure you to sign papers immediately, or who try to convince you that they can “save” your home if you sign or transfer over the deed to your house.

5) Do not sign over the deed to your property to any organization or individual unless you are working directly with your mortgage company to forgive your debt.

6) Never make a mortgage payment to anyone other than your mortgage company without their approval.


  Last but not least: If it is to good to be true, it probably is!! Always feel free to call or email anyone on the Realty Five of Defiance team with questions and or concerns!! We are members of The National Association of Realtors which provides us with an awesome web site full of detailed information at our finger tips; we will gladly do what we can to help you.

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