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something erroneous with the complaint. This slows a mortgage foreclosure greatly because it must go through the court system. It may go as long as a year if needs be or even longer. This is how many homeowners stay in their homes for months often years after they have stopped making their house payments. Chapter Five

You Have Been Warned: Foreclosure Scams on the Rise! Foreclosure Scams are on the rise because of the increasing number of foreclosures. It's very important as homeowners to know about these scams.. Common Foreclosure Scams 1. EQUITY SKIMMING: You are approached by a "buyer" that offers to buy your home at full asking price. The potential buyer claims he will solve all your financial problems by "promising" to pay off your mortgage. He claims to take over the existing mortgage and give you a sum of money after the property is sold. But in order to do so, he suggests that you move out right away and deed the property over to him. So you move out and assume the "buyer" will continue to make the mortgage payments. However, the "buyer" collects 14

Should I Short Sale My Home?  

Homeowner's guide how to survive the worst real estate market in history. Should I Short Sale My Home? authors - Tim & Julie Harris, Found...

Should I Short Sale My Home?  

Homeowner's guide how to survive the worst real estate market in history. Should I Short Sale My Home? authors - Tim & Julie Harris, Found...

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