I was just speaking to a neighboring real estate agent who told me that some people she met, who are not well informed of what happens in a short sale, gave $3000 to a Real Estate Company who said they will not lose their home if they listed with them to do a short sale. The owners have not seen any results or have heard from them since. It is cheaper to seek Professional Advice from an attorney first for a quick consultation before doing something this drastic and giving away $3000 for nothing in return.
Look out for this type of fraud. It is growing stronger. I brought it up before, but want everyone to be aware of this in case people you know are considering hiring someone to perform their short sale.