Posted On: May 11, 2007 by Rich

Help For Homeowners In Foreclosure - Be Aware of Scams

We have talked here before about the unbelievable rise in the number of foreclosures taking place in New Jersey and across the country. The foreclosure crisis has brought out the best in some as well as the wost in others. Unfortunately there are more people with their hand in the pocket of desperate homeowners than those extending their hand to help.

Two more stories about foreclosure scams here and here. The interesting thing to me is that these lowlife sharks preying on owners in foreclosure are not content to only screw the homeowner - they are going after the lenders too.

Homeowners please be aware of any person that offers to help you out of your situation. I am not saying that help does not exist, but you must be sure of the documents you are signing. If it is at all possible you will always want to have an attorney review any documents so you know exactly what is taking place.

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