![]() It is unlikely that a legitimate business is advertising its services on a cheaply printed flier placed on the side of a road or asking you to sign partially blank or complicated documents. However, the scammers will have control over your property once the deed has been signed over - still leaving you on the hook for the monthly mortgage payments.įinance Buzz reported that it’s important to pay attention to the details to avoid these scams. To convince you to sign over your deed to them early, they will promise a fast payout. The scam usually promises homeowners quick cash for their houses. More often than not, according to Finance Buzz, it’s a scam. Somewhere along the road in your travels, you have likely seen a flier that advertises a business or individual willing to buy your house. ![]() “It’s best to be face-to-face to confirm the property ownership, sign any required documentation and make a payment.” “Avoid doing transactions via email or on the phone,” Nicole Durosko of Warburg Realty told Bank Rate. Be suspicious of anyone that asks for upfront deposits to see a property. The scammers will usually ask for an upfront payment to allow you to visit the listed property. While the photos they use may be from real listings, their offers are anything but. Scammers will post fake property listings on Craigslist, social media or any other platform that interested buyers may wander onto. The company also suggested researching the individual or company that is promising to help you.Īnother popular scheme is the fake listing scam, according to Bank Rate. To avoid the scam, Rocket Mortgage said that you should never pay for a service before it has been completed. A fake company will reach out to the victim with promises that it can stop the foreclosure or modify a loan in exchange for payment. ![]() Enjoy Free Shipping & Returns on Every Order at. In foreclosure relief scams, scammers target individuals on the brink of losing their homes, Rocket Mortgage reported. Visit Tory Burch to shop for Women’s Clothing, Dresses, Designer Shoes, Handbags, Accessories & More. For those on the brink of losing their homes, not all financial relief opportunities are legitimate.
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