The thought of losing your home can be devastating. Unfortunately, there are scam artists who use the fear of foreclosure to prey on unsuspecting or uninformed homeowners. Often, these criminals will convince you to give them your mortgage payments and make empty promises to help you get out of debt. Some scam artists offer so-called money-back guarantees of saving your home from foreclosure, others promise help from experienced real estate attorneys. The scam artists then pocket the money and do nothing to help your mortgage. The following articles are intended to help protect you from becoming a victim of foreclosure scams.
Solutions that sound too good to be true are often just that. This article explains how to spot common mortgage and foreclosure scams, like equity skimming, balloon payments, phoning counseling agencies, and more.
Foreclosure rescue scammers are people who purport to help overwhelmed homeowners, but are actually only looking to make a profit. Learn about to spot and avoid foreclosure rescue scammers in this article.
A bankruptcy filing will often stop a home foreclosure, but only temporarily. Some scam artists file a bankruptcy in your name with the promise that it will solve your financial problems. Learn about bankruptcy scams.
A list of 10 tips to help you avoid foreclosure. Learn what you can do to keep your home, including contacting your lender with any issues, working with a housing counselor, knowing your mortgage rights, and more.