David Saks

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663

Foreclosure Prevention #9 : Watch Out For Foreclosure Prevention Scams !


When the letters start arriving, watch out ! There are companies out there that'll capitalize on your misery. These pettifoggers promise you that they'll work it out for you with your lender. Some of these businesses might be legitimate businesses, but many of these scoundrels will slam you with fees that could amount to three or four mortgage payments to provide you with information that a HUD approved counselor or your lender will provide at no charge if you contact them and stay in touch with them. Don't spend money with these crooks and spend your money on foreclosure prevention scams. Use that money to pay the mortgage !

Have you got a horror story that you'd like to share about a foreclosure prevention company?

David Saks

Time&Temp Memphis

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Mr.Saks' participation in ActiveRain ended April 13, 2015.

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Comment balloon 0 commentsDavid Saks • May 11 2008 11:32PM
Foreclosure Prevention #9 : Watch Out For Foreclosure Prevention…
When the letters start arriving, watch out There are companies out there that'll capitalize on your misery. These pettifoggers promise you that they'll work it out for you with your lender… more
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Foreclosure Avoidance Tip #5 : Prevention Options
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Another HUD Tip to Avoid Foreclosure : 3. Read the Mail
The first notices that some homeowners in default will receive are notices about foreclosure prevention options. This is usually a very good collection of alternatives and is mostly useful information that can… more