How Do You Avoid The Latest Mortgage Fraud Scams?
Home sales are up but so are foreclosures. The dishonest are learning to be more and more convincing in the latest mortgage fraud scams. Here are some things to keep in mind if you are worried about your mortgage. No matter how much you are feeling pressured, don’t jump at promises that seem like instant rescues. There are too many people who are all too willing to take advantage of your fear and pain. No one is going to make your debts go away no matter how much you wish it were so! Beware of anyone who offers to broker your loan for you. Just because someone offers to handle your loan for you for a fee, doesn’t mean they have the intention or the ability to follow up on the promise. Don’t be taken in by official looking papers and Washington DC addresses. There are NO government organizations that are renegotiating personal mortgage loans with individual banks. Equally, be cautious of bogus banks or other official sounding companies. Fraud can be packaged very convincingly, but no ma
