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Zack Childress Foreclosure And Home Equity Fraud Tips

Foreclosure and equity fraud<br><br>Home owners are in a vulnerable situation when they are unable to pay their mortgage loans and find it difficult to meet their daily expenditure. This is the time, the scammers take advantage and the owner will not be in a condition to check for their authenticity as they are desperately in need of money. However, this is also the time when you should not lose your cool which will make you end up in a bigger mess. The fraudster somehow gets your name in the default list & approaches you offering the helping hand to you. Sometimes, they also place an advertisement online which will be too good to be true.

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Zack Childress Foreclosure And Home Equity Fraud Tips

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  1. ZackChildress Foreclosure and Home Equity Fraud Tips

  2. Foreclosure And Home Equity Fraud Tips How foreclosure rescue scam work? How to avoid foreclosure scams? What to do of I am scammed?

  3. Foreclosure And Home Equity Fraud Tips: • Home owners are in a vulnerable situation. • They are unable to pay their mortgage loans. • Difficult to meet their daily expenditure. • The scammers take advantage and owner will not be in a condition to check. • Sometimes they also place an advertisement online which will be too good to be true.

  4. How Foreclosure Rescue Scam Work? The two common and broad categories, • sale-leaseback scams: The scammer offers to buy the house from you so you can repay the mortgage loan. • Stealing the home without the owner’s knowledge: Transferring the property in their name or forges your signature.

  5. How To Avoid Foreclosure Scams? Following are the ways to avoid the scam: • Keep in touch with your mortgage lender. • Get information about foreclosure process. • Consult authentic foreclosure counseling agency. • Avoid signing the document.

  6. Keep In Touch With Your Mortgage Lender: • When you find the difficulty in paying your mortgage loan. • Contact your mortgage lender immediately instead of contacting the agencies who approach you. • You help to repay your mortgage loan. • By contacting your lender, you can go for refinance or restructure the loan. • Keep in contact touch with your lender during the mortgage workout or foreclosure process.

  7. Get Information About Foreclosure Process: • This is the best way to avoid foreclosure frauds. • As you can be sure about when you can lose your home.

  8. Consult Authentic Foreclosure Counseling Agency: • You can contact HUD approved housing counseling agency. • National Foundation for Credit Counseling certified counselor.

  9. Avoid Signing The Document: • The document without reading or understanding it. • Signing of the blank paper is even more dangerous.

  10. What To Do If I Am Being Scammed? • if you are fooled before or during the foreclosure process. • do not hesitate to contact a lawyer or a HUD approved counseling agency or National Foundation for credit counseling certified counselor. • Even if the authorities are not able to help you, the complaint will for to criminal investigation.

  11. Zack childress tips:See More: http://zackchildressrealestate.com/2016/11/21/zack-childress-foreclosure-home-equity-fraud-tips/

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