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How to recognize and avoid foreclosure scams

On Behalf of | Jun 13, 2019 | Foreclosures

When you have concerns about potentially losing your Florida home, you may be experiencing feelings of desperation, and those feelings of desperation can lead you to believe things you perhaps otherwise would not. At Kingcade Garcia McMaken, we recognize that many people become more susceptible to foreclosure scams when they fear losing their homes, and we have helped many clients avoid falling victim to such scams while otherwise helping them regain control over their finances.

According to USA.gov, foreclosure scams typically involve scam artists getting in touch with you and offering to help you either keep or sell your home while avoiding foreclosure. Typically, the scammer will require a fee from you for this service, and they may collect that fee and then do nothing to help your situation.

So, how might you recognize a foreclosure scam so you can avoid falling victim to it? First, recognize that scammers often prey on certain ethnic or religious groups, and they can typically find your name easily enough by reviewing local foreclosure notices. So, if someone contacts you and offers to “help” you avoid foreclosure, be wary of anyone who says they will confer with your mortgage lender on your behalf. Also, think twice before signing any documents regarding foreclosure rescue or similar efforts before conferring with an attorney, as they could potentially be fakes.

These days, there are plenty of legitimate government resources you can utilize if you are fearful about foreclosure, so if you have doubts about the legitimacy of someone who contacts you regarding yours, trust your gut. For more about how you to defend yourself against foreclosure, visit our webpage.

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