I heard on the news this morning some additional foreclosure scams. Squatters seems to have become a big problem in our vacant home foreclosures. Once they find out the home is in foreclosure and is abandoned, the squatters move in.
A second issue is scammers. When these crooks find out the home in foreclosure and abandoned they rent the properties out to unsuspecting renters. The scammers pocket the money. The renters loose their deposits.
I'm sure it will get worse before it gets better....I know we aren't the only area with creative crooks!
What's going on in your area?