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Foreclosure Scams

Hi everyone, I found an informative article, which illustrates tactics used to scam people out of their homes. This could be very useful if you have a client in a potential foreclosure.

http://www.forbes.com/2008/05/23/scams-property-foreclosure-forbeslife-cx_mw_0523realestate.html?partner=daily_newsletter

Cheers,

Romalan

Posted by Romalan Venketramen on 05/26/2008 09:16 PM

Comments (2)

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2 Comments on Foreclosure Scams

MAY

2008

It's a shame that such a tragic loss for a family brings out such sharks!

Romalan - this article was excellent! I have been blogging a series of pre-foreclosure practices for homeowners and I hadn't gotten to potential scams yet. This is a great resource and I will have to do more research. I have only heard of a scam like this in my area once - and it was second hand. I wonder if the Attorney General in each state is tracking this kind of thing?

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