Friday, January 15, 2010

Beware of the Foreclosure SCAMS that are Hurting Innocent Homeowners

The stresses of going into foreclosure are beyond terrifying... and now you not only have to worry about your problems but the evil business men and woman trying to scam on your pain! Preying on your vulnerability these "scammers" are incredible at "selling" there game. These so-called "foreclosure rescuers" that claim to provide foreclosure assistance but in all actuality they are simply trying to steal more money that you DONT HAVE!

Beware of the hype of the "Stop Foreclosure Now!" or "We guarantee to stop your foreclosure" ad campaigns because these simply stated tactics are simply stealing! I am not saying that all firms are fraudulent... what I am saying is proceed with caution when randomly choosing a foreclosure assistance/foreclosure rescue firm. Like in most business circles, there is the good, the bad and the real ugly.

When you are looking to help prevent your home from going into foreclosure watch out for these RED FLAGS:

1) No matter YOUR circumstances they agency guarantees to stop foreclosure

2) Demands a fee prior to providing any services

3) Accepts payment by only cahiers check or wire transfer

4) Instructs you NOT to contact your lender, lawyer, and an accountant or credit/housing counselor

5) Sells you on a lease now buy back scheme. Meaning you can rent your home back from them until you fully buy it back--NEVER surrender your title!

6) Pressures you into signing paperwork without having time to digest or read the material

These are just a few red flags that I hope you take into consideration prior to becoming a victim. If you are concerned and you need help please send me a quick email and I will consult with my firm and our attorneys for advice OR you can ask us to refer you to a few civil and criminal law enforcement agencies in the US and abroad.

http://www.homewithmelissa.com/
http://www.foreclosure.com/
http://www.riverstonefinance.com/

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