foreclosure specialists: Watch Out for Foreclosure-relief Scammers!
- 12/12/08 08:18 AM
I am on a short sale specialists team in Denver, Colorado and have recently been in awe of how many stories I have heard lately about how organizations (not to ignore the dreaded "investor-negotiators" doing double-closings) are seriously taking advantage of home-owners who can no longer make their mortgage payments. Guising themselves as professional "relief" specialists or agencies they are charging upfront fees ($2500-$15000!) for what should be free service and is now protected by the Foreclosure Protection Act. It is illegal to charge upfront fees for any kind of service for home-owners facing foreclosure such as loan modifications, short-sale negotiation, … (0 comments)
I am on a short sale specialists team in Denver, Colorado and have recently been in awe of how many stories I have heard lately about how organizations (not to ignore the dreaded "investor-negotiators" doing double-closings) are seriously taking advantage of home-owners who can no longer make their mortgage payments. Guising themselves as professional "relief" specialists or agencies they are charging upfront fees ($2500-$15000!) for what should be free service and is now protected by the Foreclosure Protection Act. It is illegal to charge upfront fees for any kind of service for home-owners facing foreclosure such as loan modifications, short-sale negotiation, … (0 comments)
;)
;)
