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06 Nov 2009
Whenever real estate values decline and market conditions are as they are now, the possibility exists that many homeowners will owe more on their home than the home is worth. If you find yourself facing foreclosure, you may receive a notice in the mail or a visitor at your door, or you may seek assistance on the internet, from a company that tells you that they can “STOP FORECLOSURE NOW.” Typically these foreclosure consultants offer to purchase your home, assist with back taxes or mortgage payments, or negotiate with your lender to obtain a repayment plan from your mortgage company. Often solicitors or solicitations may imply an affiliation to your mortgage company or to a government agency.
16 Mar 2011
In general, if you are having trouble making your mortgage payments we recommend that you first seek counseling through a HUD approved non-profit housing counselor. Call the National Foreclosure Prevention Hotline: 888-995-4673 to speak with a counselor. Some states have special assistance programs.
23 Jan 2015
If you find yourself facing foreclosure or fall behind on making your mortgage payment, you may be contacted by or seek the services of a company that claims they can “STOP FORECLOSURE NOW” or offers other mortgage relief assistance. Knowing the tell-tale signs of a scam can save you time, money, and maybe even your home.
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