Foreclosure Scams

By
Real Estate Broker/Owner with House to Home, Inc. - Denver Real Estate - 720-231-6373 DRE# ER40011786

The government is warning the general public again of foreclosure scams.  The federal reserve board has compiled some tips to help protect consumers from becoming victims.    It is very important for the homeowners to know that housing counselors and other resources are available at no or low cost to those families that have fallen behind in mortgage payments.

Foreclosure still is not guaranteed, regardless of the circumstances, but working with a legitimate counselor can increase the chances of keeping a home.    Homeowners should be very wary is they are told is "is a sure a thing".

Solicitors of foreclosure schemes reach out to potential victims using the internet, the telephone and direct mailings.    You may even see some door to door solicitors approaching homeowners.    Only talk with verified counselors from the bank/mortgage company that holds the loan.

 

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Rainmaker
63,367
Guy Moreau
ReMax Marathon Vacation Real Estate - Marathon, FL
Florida Keys Real Estate - Duck Key, Key Colony Be

Good Information thank you

Dec 24, 2009 01:04 AM #1
Rainmaker
4,344,541
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

There is always someone out there trying to make money off the unsuspecting.

Jan 05, 2014 04:43 AM #2
Rainmaker
4,344,541
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

We always have to remember, if it sounds too good to be true, it IS!

Jan 05, 2014 04:43 AM #3
Rainmaker
4,344,541
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

There are still scams happening.  If you think foreclosure is in your future, call the Colorado hotline - 877-601-HOPE.

Jan 26, 2015 04:54 AM #4
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Rainmaker
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Joan Cox

Denver Real Estate - Selling One Home at a Time
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