Short Sale, Foreclosure and Strategic Default

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Tuesday, June 12, 2007

Short sale and foreclosure scams

Seven Foreclosure Scams To Watch Out For - Forbes.com
a run down of foreclosure scams

equity skimming
equity stripping
phony counseling agencies
lender scams
phony loan transactions
loan flipping
Internet phone scams


Bottom line.

If you live in San Diego California or the Sarasota Bradenton area of florida -
You may need a lawyer - you may need a Realtor you may need both. I can not think of any circumstances where it would be advisable to pay a short sale consultant or foreclosure consultant instead of hiring an experienced lawyer.

You can get a lot of legal work for the consultants fee and the rest of the work in a pre-foreclosure can be done by a Realtor in exchange for the listing.

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