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Brenda King Realtor in Wilmington NC

Blog by Brenda King
Wilmington, North Carolina

Exciting events and local news in Cape Fear Area

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Mortgage Rescue Scams

Jun. 6, 2008
Tagged with: business, housing, real estate

My New Blog

Mortgage Rescue Scams
June 4th, 2008 10:50 PM

Beware of foreclosure companies that contact you after the foreclosure has been filled in court and promise to help you in exchange for an upfront fee It is illegal to charge a fee in NC

Steer clear of people who want you to make your mortgage payment to them and discourages you to consult an attorney.

Watch out for equity skimming. This scam happens when when a buyer promises to pay off your mortgage if you sign over the deed.Remember,signing over the deed does not mean you are not responsible for paying your mortgage.

Other scam tips are the schemer refuses to put his promises in writing,pressures you in signing paperwork.

Report foreclosure scams to the attorney general's office by calling 877-5-no-scam

Visit anytime www.brendakingrealtor.com

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