Perpetrators mislead the homeowners into believing that they can save their homes in exchange for transfer of the dead, usually in the form of a Quit Claim Deed, and up-front fees. The perpetrator profits from the schemes by re-mortgaging the property pocketing fees paid by the homeowners without preventing foreclosure. The victim suffers the loss of the property as well as the up-front fees.
Be aware of offers to “save” homeowners who are at risk of defaulting on loans or whose houses are already in foreclosure.
When listening to the little voices, pay the most attention to the ones coming from your heart. Seek a qualified Credit Counselor or Attorney to assist. Check with the State to make sure they are licensed or approved.
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