Beware of Foreclosure Rescue Scams - Help Is Free! (Source: MakingHomeAffordable.gov)

• There is never a fee to get assistance or information about Making Home Affordable from your lender or a HUD-approved housing counselor.

• Beware of any person or organization that asks you to pay a fee in exchange for housing counseling services or modification of a delinquent loan. Do not pay walk away!

• Beware of anyone who says they can "save" your home if you sign or transfer over the deed to your house. Do not sign over the deed to your property to any organization or individual unless you are working directly with your mortgage company to forgive your debt.

• Never submit your mortgage payments to anyone other than your mortgage company without their approval.

The Federal Trade Commission and the Better Business Bureau have both issued recent warnings about foreclosure rescue and loan modification scammers who have been ripping off consumers by typically collecting money upfront and preying upon distressed homeowners. 

FTC Alerts:

• Federal and State Agencies Crack Down on Mortgage Modification and Foreclosure Rescue Scams

• Federal, State Partners Announce Multi-Agency Crackdown Targeting Foreclosure Rescue Scams, Loan Modification Fraud

MSNBC reports ...Government cracks down on mortgage scams.  Attorney General: FBI investigating about 2,100 mortgage fraud cases

You can get free advice and consultation for your refinance, loan modification and foreclosure needs through several government agencies:

MakingHomeAffordable.gov

FinancialStability.gov

HopeNow.com

FHA Homeownership portal

Are you a Homeowner Considering a Las Vegas Short Sale?

The O'Brien-Nikolv Team are experts with the Las Vegas short sale process.

Jan O'Brien is the co-author of the Certified Foreclosure Alternatives Consultant designation course.   Call Us direct at 702-608-5260 to schedule a Foreclosure Alternatives Consultation today.