Top Ten Signs You Are Being Scammed
October 13th, 2012 Categories: Uncategorized
Please, please use caution when engaging an individual or a company to assist you with a loan modification!
These tips to avoid mortgage fraud are simple, but important!
I list a lot of REO property. That means that I have talked to a lot of former homeowners that have lost their home to foreclosure. I hear stories every day from distraught families that have paid, in good faith, someone to help them secure a loan modification so that they could stay in their home. Many of these people borrowed money from their retirement, or from family members, to pay an upfront fee. One woman paid $5000 out of pocket on a home that was only worth $50,000 and was still foreclosed on.
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