Mortgage Trouble? How to Avoid Foreclosure in Florida, Relieve Financial Stress, & Watch Out for Mortgage Scams
Struggling with maintaining your home? Has your insurance premium increased to a point where your total house payment is putting a strain on you? You see it is not just about the principal and interest payment.
Property taxes, insurance costs, private mortgage, roof repairs, water heater, air conditioning on the blink. You are in a tight spot, and you get approached with what appears to be a financial relief.
Mortgage scammers’ ploy.
The scammer promises he/she will get changes to your loan so you can keep your home. And of course, to get this unfounded promise to work you need to pay upfront.
Hold on Batman don’t throw that bag money of at your problem!
I have come after the fact where a homeowner had paid $5,000 to get help on avoiding a foreclosure. The result was a loss of $5K…shame on the scammers. I was able to accomplish the sale of the homeowner’s home by negotiating with the lender to accept a short sale.
Short sale is another subject to cover later.
Another scam is for the homeowner to be approached by a criminal to sign documents to work with the homeowner’s lender. Buried in the document pile is a prepared deed for you to sign with you signing over the home to the scammer.
Here is a great summary published a few weeks ago by the Federal Trade Commission click on this link FTC Consumer Information.
Bottom line never pay-out any money upfront to person coming to help you. Get the results you want then pay. My expertise is helping homeowners and yes investors avoid foreclosure by completing a short sale.
I want to speak to you from what I have seen as who is prone to these scams. Keep your guard up if you are in this position in life.
- A senior
- Medically stress
- Not having family to help you sort things out
- Marital problems
- Overburdened with credit debt
- Loss of a job
- Reduced income
- Medical bills
What I have seen is that it is not just one item on the above list that gets someone. I don’t want to use word “always” but I must because that has been experience. It is always more than one event that puts someone in trouble with their mortgage. Additionally, it is usually several events that happen almost simultaneously that get a person in trouble with keeping up with their mortgage.
So how do I avoid foreclosure in Florida?
If you would like to talk about your situation, even if you have owned your home for decades, please give us a call. We may not have the answer for you, but we may be able to point you in the right direction. Or, we may be able to buy your house in Pensacola and help you avoid foreclosure and regain your peace of mind. Call us today for a Free consultation!
Your Buy My House Guru & Friend,