FORECLOSURE SCAM WARNING SIGNS
Beware of anyone who:
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Demands upfront fees
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Guarantees to stop your foreclosure
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Asks for payment by wire or cashier's check
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Tells you not to contact a lawyer or your lender
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Asks you to send mortgage payments directly to them
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Proposes you sign over or "share" your property deed or title
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Suggests a lease-and-buyback arrangement
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Proposes that he or she fill out paperwork for you
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Pressures you to sign documents without reading or that you do not understand
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Requests Power of Attorney
For more information:
www.ftc.gov/bcp/menus/consumer/credit.shtm. Click on "Mortgages/Real Estate," then "Foreclosure Rescue Scams."
Source: Federal Trade Commission
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