| Phoenix Foreclosure in the Valley of the Sun fell in March, but some communities have been hit harder than others. It appears the federal housing plan is beginning to help more Phoenix-area homeowners avoid foreclosure. However, there is always someone wanting to take advantage of those while they are down! Yep, those con-artist, scammers that look to trick you or take your money! Don't let that happen if you are looking at foreclosure! There is help and the Government is jumping on board!
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Having trouble keeping up with your mortgage payments? Are you facing foreclosure?It appears that Foreclosure Scams are on the rise and the government goes to Hollywood by putting ads at the movie theaters near you! You should start seeing more and more ads hit the theater by early April.
Watch an ad below put out by the Federal Reserve's campaign to stomp out Foreclosure Scams (be patient with the advertisement that takes about 8 seconds prior).
I've not seen the spiffy new ad but not the least bit surprised that everyone is cracking down on those trying to take advantage of someone else's misfortune. If you are facing foreclosure then be sure you take some time to seek out some help by those that truly want to help and not those that have their eyes on your wallet! I've put together a list of tips to help you Arizona Foreclosure Scams and Spamson my blog where you can find other resources such as Short Sale Options in Arizona and a lot of options if you are looking to buy a foreclosure in the Phoenix area. |
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Candace,
I was helping a client yesterday; he was in this situation. When we called the phone number for the lender to talk with someone in the loss mitigation department, we were on hold for awhile. Instead of music or sales talk (what you usually endure when on hold) the lender had a list of scams to watch out for when in financial difficulty. I really appreciated that.
Mike in Tucson