Paul has set forth some very important things to be aware of, if you might be looking into getting some mortgage relief through some "mortgage relief assistance" agency. If you are in that situation, you might check with a licensed Mortgage Loan Officer, to see if they can possibly reduce your rates - rather than go through one of these groups.
Not if I have anything to say about it!
The FBI reported a jump of over 70% in mortgage relief fraud investigations from 2010.
That’s why it’s my duty to educate homeowners in and around my community on the cautions they need to take, and what the government has recently done to protect you from unscrupulous individuals and companies who want to take advantage of their desperate situations.
What you need to watch out for if you are looking for mortgage relief assistance:
Upfront fees—just don’t pay them! In fact, they are now illegal!
A request to sign over your deed (this only spells trouble)
Lots of paperwork without the opportunity for review
The claim of government-affiliation
These are just a few red flags you need to be wary of. I’ve created a free report on the homepage of my website that details more of what you need to watch for. Go to www.GetFreeShortSaleHelp.com .
If you are struggling with an unaffordable mortgage and are looking for help, educate yourself. These scammers can be very shrewd and will say almost anything to steal your money.
The Federal Trade Commission has required disclosures of anyone offering mortgage relief services. If you’d like to see an example, check out any of the pages of my website. If a company you are dealing with has not provided these disclosures, please ask why they are not compliant, and proceed with caution!
As the areas only Multi-Certified Distressed Property Expert and Trainer, you can trust that I have the tools to be in full compliance of FTC regulations, and will always work with your best interests at heart.
If you want viable alternatives to foreclosure, give me a call today. I’m always here to help!