STEERING CLEAR OF THE FORECLOSURE SCAMS DC FAWCETT TIPS AND TRAINING
Steering Clear Of The Foreclosure Scams • After a day of arduous work what people expect is the comfort of their homes being with their families. • But, a few missed payments of the mortgage would snatch the home away. • The very idea of foreclosure is a bad nightmare for many. • In this article, let us go through options that could be adapted to avoid foreclosure.
Foreclosure scams
The Foreclosure Scams The Nightmare of Foreclosure
Be cautious of the foreclosure scams
Experimenting the skills will challenges in trade
The Nightmare of Foreclosure • A foreclosure happens when one lags behind in payment of the mortgage. • Thus making the lender retain your property • In some cases the property is less valuable than the actual amount you have to pay to the lender. • This leads to a complication of things, and it enables the lender to take up a deficiency judgment.
If such a thing happens, one will not be able to retain his property. Also, he or she will need to pay an extra amount. This will reveal to the future lenders that you might not be a suitable borrower. Things will get difficult for one to retain a mortgage of avail of a loan in the near future.
Be Cautious of the foreclosure Scams • As bad luck would have it, there are a huge amount of fraudulent
companies
which
claim
to
imminent
foreclosures. •
These companies wait to lay the bait for you and cheat you.
• These companies call themselves as the consultants with regard to foreclosure. •
Very soon, call start pouring in trying to deceive you into a deal.
Tricks of fraudulent Companies Equity Skimming Equity Stripping Fishy Counseling Agencies Lender Scams Fishy Loan Transaction Internet and Phone Scams
Conclusion Foreclosure is a very serious issue. One has to put the trades in a virtual environment before beginning to risk the capital that you own. Next to your family, your home is the
valuable
retain.
property
that
you