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ABOUT UCS
THE DIFFERENCE
WHAT
WE DO
YOUR CREDIT TEAM
TRUSTED
RESOURCES
GIVING BACK
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Be Aware
of Foreclosure Scams
Struggling
homeowners should know that there are legitimate ways to
avoid home foreclosures, but they also need to be
forewarned that there companies taking advantage of this
difficult time by pretending to be something they’re not
and charging enormous fees for things that should be
free; Foreclosure Scam Artists.
State and Federal officials are taking foreclosure scam
artists seriously and going after them in a coordinated
effort.
Some of these phony home rescue schemes try to come off
as nonprofits or even departments of the government,
copying logos and using official-looking web addresses.
A red flag is anything asking for upfront fees for
foreclosure help…and it’s also illegal in nearly 25
states. The
Federal Trade Commission
is trying to include info in your monthly mortgage
statements to educate home owners about what to watch
out for.
It’s safest to contact your lender directly first…or
consult with one of the nonprofit counseling services
recommended by the
Department of Housing and Urban
Development.
These scams will not only take your money and not
prevent your foreclosure, but they will also ruin your
credit and wipe out any home equity you may have. United
Credit Source wants to help you make the best decisions
for your future, so that you can live the quality of
life you deserve.
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