avoiding foreclosure scams
Beware of Foreclosure Scams
As foreclosure has increased, so has a new type of crime: Foreclosure rescue or relief assistance scams. These scams make empty promises and prey on people who are desperate to keep their homes. When consumers fall victim, they often end up in worse financial shape than before. What can ultimately happen?
- Homeowners may lose their homes, because scammers steal them after promising aid.
- Homeowners may pay large fees for services that are never provided.
- Homeowners may lose their homes to foreclosure, because they wasted valuable time with companies who never planned to help.
ALL of these things can happen. Foreclosure rescue scams prey on people at a point in their lives when they are truly vulnerable. Don’t let it happen to you!