Real estate blog entries tagged with financial planning by Karie Hobson -Homes for Sale - Riverside Norco Corona (Coldwell Banker Shepherd Group)

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Home : Blogs : Karie Hobson -Homes for Sale - Riverside Norco Corona : Karie Hobson's Riverside, California : Tag "financial planning"

financial planning: Troubled Homeowners Fall Prey to "Rescue" Scams - 04/13/08 03:43 PM

By Nick Carey
Fri Apr 11, 11:18 AM ET
Among the byproducts of the U.S. housing crisis is a surge in scams that cheat people out of their money, their homes, or both, under the guise of offering to rescue them from foreclosure.
"There is a lot of money to be made if you are good at committing fraud," said Debra Zimmerman, an attorney at Los Angeles-based Bet Tzedek Legal Services, which provides free legal assistance to stricken home owners. "Foreclosure rescue scams are big business right now."
Groups like Zimmerman's say that as soon as borrowers end up in foreclosure -- a matter of … (0 comments)

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