Housing Scams
- Rental Scams
- Foreclosure Scams
- How to Hire Movers and Avoid Moving Fraud?
Foreclosure Scams
The scammers may offer to assist you in making the mortgage payments but in reality, they are only interested in getting your money. You can protect yourself against these scams by finding out how to detect and report these scams.
Foreclosure Schemes
There are several ways for scam operators to find potential victims.
- You can advertise on radio, online, or in local publications.
- Reach out to people whose homes appear in foreclosure notices in local newspapers.
- Targeting specific religious groups can also assist you in finding the potential victims.
Be vary of tricks which scammers use:
- The scammers often act as a go-between your lender to refinance your loan.
- The scammer may advise you by helping you to file bankruptcy to stop the foreclosure.
- He may persuade you to sign fake mortgage documents or fake foreclosure rescue.
- Offering fake legal help also might be the scammer’s trick.
- Claiming to perform forensic mortgage loan audit so that you can hold onto your home.
- Make promises to sell your home for the sake of money.
Last Updated: July 27, 2023