Don't Become a Victim of Mortgage Scam

Don't Become a Victim of Mortgage Scam

Beware you might be a victim of a scam If:

• If Someone tells you that you will get a federal incentive to walk away from your mortgage [Never walk away, as walking away will only result in negative consequences and there are options available to you]
• If you are asked to pay upfront for counseling [As a Community Out Reach - Our services are Free of charge to you]
• If you are pressured to sign papers immediately [Read all pages carefully and never sign any documents you are unfamiliar with. You can very well be signing over the deed to your property]
• If you are asked to sign your house over to a company or person who is not working with your mortgage company [No one should be taking possession of your house for any reason]
• If you are asked to make a mortgage payment to someone other than your mortgage company without their approval [You mortgage company will notify you if there is any changes made to you mortgage.  Never pay anyone prior to speaking with you mortgage company]
• If you are guaranteed a successful short sale or mortgage modification [No one can guarantee a successful short sale/mortgage modification as your documents must first be submitted to your lender for review.  Your lender will make a decision based on the documents they are provided with]
• If they claim to be a representative of the federal government [We doubt that the federal government will be visiting you at your home]

If you believe that you are a victim of a scam, you should contact the Federal Trade Commission (FTC) at 1-877-FTC-HELP 1-877-FTC-HELP (1-877-382-4357) or visit their Complaint Assistant https://www.ftccomplaintassistant.gov.