Foreclosure Help Scams: Mortgage Modification too

October 17th, 2009 | by admin |

(Click “More Info” to see full video script!)
http://www.60MinuteLoanModification visit for a free CD on Mike Rockwood’s experience modifying 5 of his own home loans – and how you can too. Ask Mortgage Modification questions on our forums at http://www.60minuteloanmodification.com/members

Your fears are well-founded. On top of your anxiety about foreclosure you must ALSO be leery of assistance scamsphony professionals who seek to profit from your pain. These phonies use half truths and outright lies to sell services that promise relief and then fail to deliver. They seek quick profit through fees or mortgage payments they collect from you, but do not pass on to the lender. Sometimes, they assume ownership of your property by deceiving you. Then, when its too late to save your home, they take the property or siphon off the equity.

These are the Warning Signs

If youre looking for foreclosure prevention help, avoid any business that:

guarantees to stop the foreclosure process no matter what your circumstances
instructs you not to contact your lender, lawyer, or credit or housing counselor
Collects a fee before providing you with any services
Accepts payment only by cashiers check or wire transfer
Encourages you to lease your home so you can buy it back over time
Tells you to make your mortgage payments directly to it, rather than your lender
Tells you to transfer your property deed or title to it
Offers to buy your house for cash at a fixed price that is not set by the housing market at the time of sale
Offers to fill out paperwork for you
Pressures you to sign paperwork you havent had a chance to read thoroughly or that you dont understand.
Fails to offer unconditional, money-back guarantees
Fails to offer a list of past clients with contact information
Where to Find Legitimate Help

If youre having trouble paying your mortgage or you have gotten a foreclosure notice, you must do 3 things immediately 1) listen to my free CD about my experiences with my own mortgage modifications (you will be encouraged and amused!), 2) withdraw any funds you have on deposit with the lender you will be negotiating with and 3) prepare your budget and hardship letter so you are well-prepared to answer questions the lender will ask. Then cntact your lender immediately! When you contact the lender insist on a pre-qualification (verbal only) in which they review with you your situation and recommend programs for which you may qualify.

My services help YOU to help yourself get a good workout solution with the lender. I have successfully negotiated five of my own mortgages modifications and helped hundreds of others to negotiate great settlements. My experiences will help you be more effective and will speed the process for you.

Learn about my story on a free CD called 60-Minute Loan Mod Secrets. Order it at http://www.60MinuteLoanModification.com

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  1. One Response to “Foreclosure Help Scams: Mortgage Modification too”

  2. By dan020350 on Oct 17, 2009 | Reply

    good advice
    good advice

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