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Protect Yourself from Foreclosure Scams!

With many homeowners facing foreclosure, shady "foreclosure rescue" companies are popping up across the country. These companies are in place to prey on frustrated homeowners and defraud them out of their hard-earned money. There are legitimate programs people who are delinquent on thier mortgages may qualify for. Here are some tips to make sure you protect yourself and don't fall victim to someone who doesn't have yor best interest at heart:

  • HUD-approved housing counselors and legitimate lenders never charge an upfront fee to get assistance or information.
  • Beware of any organization charging an upfront fee for loan modification or housing counseling services.
  • Do not sign over the deed to your house to anyone offering to "save" you from foreclosure.
  • Never send your mortgage payments to anyone but your mortgage company.

If you or someone you know is facing financial difficulty and in danger of losing a home, we'd be happy to refer you to a professional who can help. Call Jamie of the S&B Real Estate Team at 360-609-6775 or visit the "Contact Us" page at www.MyRealtorIsJamie.com. We are here to help!

Posted Wednesday Apr 08