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Mortgage Scam Free Download

Bankruptcy foreclosure scams can be exceptionally difficult to detect because the cases are usually dismissed for failure to participate, leaving no sign of the defrauded home owner. In addition to that many home owners never realize they were defrauded or decline to report the scams, apparently deciding that the extra months of living in their homes offset their losses. The homeowners often lack in education or financial sophistication so here below are some red flags for your convenience: * Don't thrust someone just because he looks like or you heard is a thrustworthy person. Scammers disguise their true intent with lies, exaggerations, pressure tactics and other measures. * Be wary of "affinity marketing" techniques with the idea that people like you are on your side and protecting you from those who don't have your best interests at hear. * Don't panic. Get detailed information about the deadlines you face in resolving your problems. Pay special attention to the date on which you would lose legal right to ownership. * Never make your mortgage payments to anyone other than your lender. If you can't pay, do not ignore warning letters from your lender; contact them instead.

Tags: mortgage scam, home mortgage fraud

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