2012年8月28日星期二

How to Lose Your Home: The Cost of Poor Advice When Facing a Foreclosure

sale sharks jersey, n February 2006, Jennifer and Roger Roberson found themselves unable to make their mortgage payments after Roger, a 37 year old father of two, lost his job as a technician for a major high-tech firm in New Jersey.

They received notice from their lender that the foreclosure process was being initiated on their home. Desperate for help, they conducted a brief internet search on how to stop foreclosure. After spotting an advertisement, they hired a \"foreclosure specialist\" to renegotiate a new payment plan with their lender. Assured that their case would be handled, they quickly handed over all the documents that were requested of them, and took a small sigh of relief.

\"He told me everything would be just fine, that I would have no problems getting a new payment plan, especially since we knew Roger was already hired for another position,\" said Jennifer.

A few months later, they received notice that their house had been sold at a sheriff\'s sale.

The Promise of Peace of Mind

Unfortunately these unsavory bottom feeding real estate operations can be sale sharks jersey quickly established, and just as quickly disappear. Many of these businesses will use tactics such as:

Promise \"no risk\" solutions - more of a salesman than a specialist, these people will sell you more on stress relief than an actual solution. Real specialists will walk your through your situation step-by-step, and provide you with what options really do exist, including accepting foreclosure.

Bait and switch - they will advertise a low-cost fee then inflate the fees, or they may charge a flat-fee, only to proceed with foreclosure with or without the customer\'s knowledge.

Charge you to buy your home - a \"foreclosure specialist\" in Virginia charged a homeowner $3,500 to purchase their house and rent it back to them.

\"Flip\" your home - a sale sharks jersey Colorado attorney was recently sale sharks jersey cited for reselling his clients foreclosed properties, making as much as $50,000 a transaction.

\"It\'s really a shame,\" says J.M., a foreclosure attorney in New Jersey (who wished to remain anonymous). \"These people are facing the worst of times, and these predators are sharks looking for nothing more than a quick buck at the expense of their fellow man.\"

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