http://realtyworldaction1.com Serving you since 2009 Tue, 15 May 2012 22:54:00 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 http://saramestasrealestate.com/2011/12/20/avoid-fraud-during-foreclosure/ http://saramestasrealestate.com/2011/12/20/avoid-fraud-during-foreclosure/#comments Wed, 21 Dec 2011 04:22:00 +0000 Sara Mestas http://realtyworldaction1.com/2011/12/20/avoid-fraud-during-foreclosure/ http://www.dre.ca.gov/cons_alerts.html
Never pay up front fees to anyone who says to you, “I can help  save your home and modify your loan.”  Help does exist, however, it does not come with an up front cost and one option may not be the right option for another home owner. As a consumer facing foreclosure it is important that you become knowledgeable and explore  all of your options. Many times when people think of their upside down mortgage they think of loan modification, when they call their bank the bank says you have to be delinquent on your mortgage in order to qualify. SO people stop paying their mortgage, but STOP, before you do anything like stop paying your mortgage, explore all of your options, modification, Short Refinance(HARP)(you cannot be delinquent on your mortgage), Bankruptcy, Foreclosure, & Short Sale.
Never pay anyone up front in hopes that they will change your loan or save your home even if they are licensed or certified. Talk to Realtors, CPAs, and Attorneys. Get second opinions. Only individuals who are licensed Realtors, Loan Officers, Attorneys or entities approved by the Department of Real Estate can legally help you with your mortgage modification, short sale or refinance. Never pay these people upfront.
http://www.keepyourhomecalifornia.org/
“Those that know, do. Those that understand, teach.” Aristotle
Leave a comment on your situation and I will post a response with resources that may help you in these times of change.

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