December 5, 2007

Foreclosure Scams Prey on Homeowners

Foreclosure Scams Prey on Homeowners

Consumer advocates and legal experts are advising homeowners to watch out for scams as foreclosure rates shoot through the roof. One popular scam is the offer to help a troubled homeowner get a new mortgage, and at a closing, trick the homeowner into signing away the deed to their property.

Has anyone you know fallen victim to one of these scams? If so.. share what you know about it… but leave out any names of course! Use the comment link below to leave us your experiences.

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