Prevent Mortgage Fraud - Foreclosures in Calabasas and the San Fernando Valley
December 14th, 2007 Categories: In The News Calabasas
Predatory lending has caused many foreclosures in Calabasas and the San Fernando Valley. If you are having trouble making your mortgage payments, seek professional advice immediately. Be aware of the people making you offers that sound too good to be true. Scam artists will mail you offers, call you on the phone and even show up at your door.
Freddie Mac just released this video about mortgage scams. Con artists are seeking homeowners in trouble. Freddie Mac has a web page for Avoiding Mortgage Fraud. If you are in trouble this is a good place to start.
No San Fernando Valley Real Estate professional will ever ask you to sign your deed over. If anyone asks you to sign a quit claim deed, know that you are most likely a victim of fraud.
If you are having trouble making your payments, contact your lender or your San Fernando Valley Realtor or call (818) 652–2937.
Please watch this short video from Freddie Mac.
Homeowners HOPE can work with you to help find a solution. 1–888–995–HOPE.
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Tracy,
Well done! This is a great service article. If you save just one person from this type of scam or alert hundreds you have helped your community and shown your willingness to get involved.
Nice job!
dean
Hi Dean, We need to get the word out about this. The foreclosures will get worse before the whole mortgage situation gets better.
[…] There is some great advice on the dangers of mortgage fraud and how to prevent foreclosures from Tracey Thomas over in the Pumpkin City with her Blog Calabasas. […]