Protect Yourself Against Mortgage Relief Scams

By
Real Estate Agent with Calling Boise Home AB45481

Caution 

Protect Yourself Against Mortgage Relief Scams

When you are facing the stress of not being able to make your mortgage payments, the last thing you need is the additional stress of worrying whether or not the assistance you are getting is in your best interest. There are people you can trust for protection and advice. I have a report on my website that has all the details you need to protect yourself. There you can download the free report on protecting yourself against mortgage relief scams.

You need to watch out for the four Rip-Off Red Flags:

  • Upfront Fees - Charging an upfront fee for helping is actually illegal now. This is the most obvious red flag!
  • Guarantees - No one can guarantee you that there will be relief from your current mortgage situation. If it sounds to good to be true - it probably is!
  • Government Affiliations - Many companies will try to appear that they are government entities, they even have mail pieces that look official that you may have already received. Be sure to verify them at the Better Business Bureau or at the Making Home Affordable website.
  • Deed Transfer - Be extra aware of those that try to get you to sign over the deed to your house! Always seek legal counsel before doing something like this. 
If you think you have been scammed, please visit the Federal Trade Commission's website to file a complaint now! Please help put a stop to those people who are taking advantage of home owners. Help someone before it's too late!

If you or someone you know is one of the 1 in 6 homeowners that is having trouble making the monthly mortgage payment, please visit our website. There you can explore options in avoiding foreclosure and download several reports that may help you.

 

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Comments (2)

Hella Mitschke Rothwell
(831) 626-4000 - Honolulu, HI
Hawaii & California Real Estate Broker

Debbie: You hit the top ones. I feel so sorry for stressed out people who will fall for these schemes. But there is a lot of help out there and they should remember that "if it sounds too good to be true..."

Apr 11, 2011 04:57 PM
Debbie Baldes
Calling Boise Home - Boise, ID
ABR, SFR, e-PRO, CHS

Thanks Hella - me too. It's so sad how many people are out there that try to capitalize on others mis-fortunes! Karma - you hope it's for real! :-)

Apr 11, 2011 05:05 PM

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