Beware of Foreclosure Rescue Scams - Help Is Free!

From the Making Home Affordable website (www.makinghomeaffordable.gov)

If you are trying to modify your existing mortgage, be careful of Foreclosure Rescue Scams...there are people and/or companies that are only after your money or property.  They are not there to help!  Keep these thoughts in mind:

  • There is never a fee to get assistance or information about Making Home Affordable from your lender or a HUD-approved housing counselor.
  • Beware of any person or organization that asks you to pay a fee in exchange for housing counseling services or modification of a delinquent loan. Do not pay – walk away!
  • Beware of anyone who says they can “save” your home if you sign or transfer over the deed to your house. Do not sign over the deed to your property to any organization or individual unless you are working directly with your mortgage company to forgive your debt.
  • Never submit your mortgage payments to anyone other than your mortgage company without their approval.

If, after you have attempted to modify your mortgage, still find yourself in a financial crisis, that's when you need to call a Certified Distressed Property Expert.  I am one of 14 agents at Realty World Homes of Distinction that have the extensive knowledge and training to stop foreclosure in most cases.  We can help...Let us help you!

 

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