I came across this information while browsing the web and I just think it is very important to touch on & be aware so that we can prevent this from happening.
Don’t fall victim to unscrupulous con artists trying to take advantage of unknowing, financially troubled home owners. These scammers usually promise mortgage loan modifications or reduced monthly payments for upfront fees. In most case, charging upfront fees or payments for these services is illegal.
According to the Federal Trade Commission, these offenders review foreclosure notices in newspapers, the Internet and public files to identify potential victims.
Scammers who place ads online, on television, and in newspapers claiming to “stop foreclosure now” and offering “money back guarantees” are suspect and should be reviewed cautiously by the homeowner.
Please be cautions & if something does seem right, follow your gut & investigate more. When something doesn’t seem right it most likely isn’t.
And thank you for making me Your Orange County Real Estate Connection.
Michael Caruso, Broker ABR ABRM CLHMS CRB CRS GREEN GRI
Past President, Orange County Association of Realtors (949) 753-7900