This is a timely blog. Robert is touching on something that is increasing in frequency. Please take a 
moment to read this and pass it on to your friends!
Mirela Monte, Your Myrtle Beach Real Estate Connection
Beware of Foreclosure Scams.
I was chatting with a few attorneys, mortgage guys and a Fraud investigator this morning and we have all noticed some scams floating around. One big issue is the news and the predators it creates. Most lenders do not have the home affordable guidelines in place. I spoke with 4 loan Officers from different companies today and none of them have the details yet for how Uncle Sam's plan will be implemented, but we all feel we should have details with in a week or two. In the mean time BE CAREFUL! It is strongly advised that you only speak with some one that is referred to you that actually knows what can and can not be done.
Please read the following carefully and pass it along to anyone you know.
There are many "Foreclosure Rescue" scams beginning to surface in light of the government's moves to help prevent foreclosures.
Here are some things to remember:
- There is never a fee to get assistance or information about the government's Making Home Affordable program.
- Beware of anyone who says they can "save" your home if you sign or transfer over the deed to your house.
- Never submit your mortgage payments to anyone other than your mortgage company without their approval.
- Never let anyone talk you into purposely going delinquent on your mortgage, that is never a good idea.
For more information on how to get help please click:
www.makinghomeaffordable.gov
Beware of Foreclosure Rescue Scams - Help Is FreeOR CALL 1.888.995.HOPE(4673)
- We should shortly have information on How to refinance your home if you owe more than 80% of the value, on up to 105% of the value. This plan should be able to help many people that closed in the past few years and may find themselves under water and not able to take advantage of todays record low rates.
Please call us with questions or for more information. As always I am here to help.
Have a great week!
Rob
Mortgage Banker
www.RobertRaufHomeLoans.com or my blog: http://activerain.com/blogs/rrauf
(732)223-1630 x102
Since 1987 I have been helping my clients fulfill their dream of home ownership!
Real Estate Mortgage Network
NJ Mortgages, New Jersey Mortgages, Mortgages in NJ, mortgage in New Jersey, Mortgages in New Jersey
Hi Mirela, Thanks for the post. There is always going to be someone trying to make a buck off the backs of the misfortunate. What the heck, the governments been to it since the forties.
Thanks Mirela. This is good information to pass on to those we know.
This is Very Good info and we have seen a lot of these companies especially in Arizona. There are Different guidelines being put in place to stop the scammers and even those who are not scamming home owners, but are not in Compliance with Various Federal and State Laws, Ethics, Etc.!
Thank you for the compliment of the re-blog Mirela!