Wednesday, April 17, 2013

Beware - Foreclosure Prevention Fraud is on the Rise Again..

Hello again friends and homeowners.  As your local real estate professional, and as a CDPE (Certified Distressed Property Expert), I care very strongly about my community and friends and family, and helping homeowners in distress is one of strongest passions.  Unfortunately scammers like to prey on people in vulnerable positions, and this hurts my community, and I'm always looking to provide helpful resources to prevent fraud and help my community.

The most common frauds involve scammers charging an upfront fee with a promise or guarantee of preventing foreclosure.  Always beware of everyone who charges an upfront fee!  This includes charging fees upfront to negotiate a loan modification as well.

Another form of fraud activities involves scammers convincing homeowners to sign over or transfer title to the scammer's name.  While there are benevolent investors that have helped people by using this approach, unfortunately the "good" investors are rare and the scam-artists FAR more common.

For in-depth reports, please go to the RESOURCES page of my CDPE website to access or download tons of FREE resources that I provide as an outreach and service to all homeowners and friends and family.

One of the best ways for homeowners to find help is to talk to a local, licensed Realtor.  Most Realtors (like myself) are bound by a code of ethics that they take very seriously and will lose their licenses if they commit fraud.

If you or anyone you know is facing difficulties, or if they have questions or concerns about foreclosure fraud, please have them contact me today.  All of my consultations are always FREE with no obligations.

The DSNEWS also has an article on foreclosure scams here.


Mike Rosenthal​, CDPE, PSC
Direct 818-968-2601 / Office 805-978-5530
mike@conciserealestate.com
www.ConciseRealEstate.com - full service real estate site
http://www.hosted.cdpe.com/helpingsocal - CDPE site

Experience you can count on!  Over 100 Standard, Short Sale & REO homes successfully closed over the last 4 years ($40,000,000 in sales volume)

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