Homeowners of foreclosed properties are often so desperate to find a way clear of the situation that they can fall victims to the unscrupulous. For renters the only difference being they usually become victims much sooner and are often unaware until they find out they’re homeless.
The current surge (7 comments)
renters: Renters in Foreclosure Also Scam Targets - 07/08/08 01:26 PM
In July 2007 Alberta and her husband signed a 2 year lease option agreement for a home in Hesperia, California only to find out 10 months later that the home was in the final stages of the foreclosure process and that it had entered default the previous December. At the (1 comments)
renters: Renters Can Fall Victim to Foreclosure Too - 04/08/08 11:26 AM
Home owners aren't the only ones who can fall victim to the foreclosure scourge.Thousands of renters are finding themselves suddenly homeless (see this CBS news video). Some lenders offer renters a "Cash for Keys" program others just put them out on the street. To make matters worse, renters are also falling prey (8 comments)
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