condo foreclosures: Avoid Foreclosure Rescue Scams
- 09/29/10 02:36 AM
Avoid Foreclosure Rescue Scams Article From HouseLogic.com By: Donna FuscaldoPublished: January 15, 2010 With foreclosure rescue scams widespread as more homeowners fall behind on mortgage payments, be smart if you seek help. A record high 2.8 million properties were hit with foreclosure notices (http://www.realtytrac.com/contentmanagement/pressrelease.aspx?channelid=9&accnt=0&itemid=8333) in 2009, putting even more Americans at risk of facing foreclosure rescue scams. Homeowners who fall behind on mortgage payments need to tread carefully when seeking assistance, since foreclosure rescue scams come in many guises. A day spent researching legitimate options, from a mortgage modification or principal forebearance to a short sale or deed-in-lieu, could
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