I was reading my Housing Wire blog today and he had an interesting web site commentary.  The site is selling "foreclosure kits" to borrowers for $995.  For this hefty fee, a borrower will get information regarding how to go through the foreclosure process.  My guess is that the information will tell borrowers how to stay in their home as long as possible, while going through a foreclosure.  These people make you want to scream. 

 http://www.youwalkaway.com/kit.php

Here's hoping that most borrowers won't fall for this scam.

 

2 Comments on Here come the vultures

JAN
30
2008
Oh the vultures have been out there for a few months now ranging from subcription fee for foreclosure listings, subscription fee for HUD homes, Short sale boot camp for agents, short sale processing for agents, get rich quick with foreclosures.. the list goes on- People are buying that is whh they are still our there thriving.
1:14pm • #1
FEB
01
2008
172,199 Points 3 Featured Posts Outside Blog
Dan, you are right... the vultures are circling the masses looking for someone to devour. It seem that this type of "environment" always get their mouth watering. I don't know anything about that company, but you would wonder about hefty price tags though.... if they can't pay a mortgage, can they pay a hefty price tag?
10:24am • #2

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Dan Barksdale

Birmingham, AL

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USA Title of Alabama

Address: 3821 Lorna Road Suite 122, Birmingham, AL, 35244

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