Educate Yourself So You Don't Become a Victim!

By
Real Estate Agent with Keller Williams Realty

Educate Yourself So You Don't Become a Victim!

 

For distressed homeowners in danger of losing their home, there are already a lot of problems. The last thing a homeowner in this situation needs is to fall victim to a scam. Unfortunately, people in this situation are often the most vulnerable to a kind of fraud called “mortgage relief fraud.”

 

Fraudsters will prey on people who are looking for a loan modification, short sale or other foreclosure alternative because these are the most common options for distressed homeowners.

 

There have been legal cases brought against many, but scammers always try to stay a step ahead of law enforcement. Even though many of them have been caught, there are still people who prey on vulnerable homeowners with too-good-to-be-true promises.

 

In fact, in a recent example highlighted in the New York Times, con artists told homeowners that they represented the bank and that the homeowners were already approved for a loan modification. Only after the homeowners paid thousands of dollars up front did the truth come to light.

 

I have a report that outlines the most common forms of mortgage relief fraud. Download it for free to educate yourself, then contact me for a free confidential consultation to ensure that you or someone you know doesn’t become the next victim!

Best Wishes,

Donna

 

Comments (4)

Cooper Jacobs
Looking For A Seattle Realtor? COOPERJACOBS.COM - Seattle, WA
Real Estate Brokers - Seattle

Well Done Donna, thank you for the BLOG. You're providing good advise to clients. Cooper Jacobs wishes you the best in all your real estate activity and we will send folks your way if they're looking for an agent around Grand Rapids.

Thanks again.

Feb 25, 2013 06:16 AM
Pamela Seley
West Coast Realty Division - Murrieta, CA
Residential Real Estate Agent serving SW RivCo CA

Donna, distressed homeowners have to be very careful as there are many unscrupulous scammers out there waiting to take advantage. Glad you are there to help.

Feb 25, 2013 06:20 AM
Donna Tashjian
Keller Williams Realty - Grand Rapids, MI

Thank you Cooper and Pamela.

Best Wishes to you!

Donna

Feb 25, 2013 06:26 AM
Adam Malachi
A 2 Z Realty LLC - Castle Rock, CO
QSC,CDPE,CIPS,CNE,CRB,CRS,GRI,MRE,SFR

Great post! Excellent information's and advise to distressed homeowners!

Thanks for sharing.

Feb 27, 2013 12:46 PM