Educate Yourself So You Don't Become a Victim!

By
Real Estate Agent with Realty ONE Group

 

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!

Christin Griffin, Short Sale Queen

Certified Short Sale Specialist, CDPE

TheShortSaleQueenLV.com

 

Posted by
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To Our Continued Success,
Christin Griffin, Short Sale Queen
REALTOR® & Certified Short Sale Professional, CDPE

~Creating RAVING FANS through excellent Customer Service. Your Real Estate Professional For Life~

Comments (3)

Carol Zingone
Berkshire Hathaway Home Services Florida Network Realty - Jacksonville Beach, FL
Global Realtor in Jax Beach, FL - ABR, CRS, CIPS
It's amazing how people can expose any flaw in the system to their advantage, in this case, leading short sale homeowners astray.
Feb 27, 2013 09:06 PM
Edward Gilmartin
CRE - Boston, MA

One thing about a realtor is you can call them up and run by any such deal you have and oftentimes they will give you free advice or point you to the right person

Feb 27, 2013 09:06 PM
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

How sad that people get conned into paying "up front fees", or even signing away a Deed to their property.  

No punishment is too severe for the Con Artists who perpertrate these frauds!

 

Feb 27, 2013 09:34 PM