Beware of Foreclosure Rescue Scams. You should be extremely cautious when dealing with companies who claim that, for a fee, they can "save" your home from foreclosure or obtain a loan modification on your behalf.
Beware Of Mortgage Rescue Companies Scam. When the times are unclear and there is financial stress everywhere, you should be warned from ‘mortgage rescue companies’ scams. Too many homeowners who have been in some kind of foreclosure process were approached by mortgage rescue companies and.
The pair was found guilty last November for their mortgage fraud. Florida, using their real estate business to act as a straw buyer of the properties and defrauding banks through mortgage loans.
"Rescue" scams come in many disguises. Some foreclosure-related scams to beware of: The scam artist (sometimes posing as an attorney) tells you that he/she can negotiate a deal with your lender to save your home – if you pay a fee. Once you pay, the scam artist takes off with your money.
Foreclosure rescue and mortgage modification scams are a growing problem that could cost you thousands of dollars – or even your home. Scammers often make promises that they can’t keep, such as guaranteeing to "save" your home or lower your mortgage, usually for a fee, often pretending that they have direct contact with your mortgage servicer.
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We Fight Foreclosure to Keep You in the Home. 727-954-8752. WHAT STAGE OF FORECLOSURE ARE YOU IN?
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*** In Florida Beware of rescue mortgage scams *** Seven years have passed since Southwest Florida’s housing downturn pushed the region. In a handful of cases, sophisticated foreclosure rescue scams were involved. The mortgage servicers chastened. Stay informed about home loan comparison & make your property investment a worthwhile one.
The case shines some light on perhaps the shadiest side of mortgage fraud. Shady because very few people know. Last year, for example, a South Florida closing agent was charged with falsifying.
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