As
Palm Harbor Short Sale Realtors serving Pinellas County, we encounter people who have been lured unknowingly into mortgage foreclosure scams. With today's uncertain economy and the flood of media from too many sources, it's understandable. Many honest and hardworking people have found themselves saddled with mortgages they can no longer afford.
Owners of distressed properties can easily fall for a pitch promising mortgage reduction, mortgage modification and debt relief. But as the old adage says, “If it seems too good to be true, it usually is.”
Some of it is misinformation and some of it just plain untrue. Do some homework. Arm yourself with information. Watch out for real estate scams that guarantee they can stop a foreclosure.
Be on the lookout for these 8 top warning signs:
- A plan that asks you to make payments that have no end-date.
- Any scheme that involves making mortgage payments to anyone other than your lender.
- It costs you money. Unless it's an attorney providing foreclosure defense for a fee - it's illegal.
- A suggestion that you transfer your property's title to another person program that offers to buy your property and lease it back to you.
- Phone calls from anyone saying they represent a government program.
- Offers to complete paperwork for you.
- Companies that pressure you to sign paperwork you do not understand.
- A company that's not located in Tampa Bay.
Have you been contacted by a company and are unsure if the offer is legitimate? You may want to report them to various agencies who will make sure they stop their illegal activities and also contact one of the reputable Tampa Bay foreclosure defense attorneys that offer free legal consultations.
Palm Harbor Short Sale Realtors Serving Tampa Bay Contact Info:
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Julia and Matt Fishel Keller Williams Palm Harbor
727-366-0324 Julia
727-366-0325 Matt
Help@ShortSalesPinellas.com