http://blog.foreclosure.com/2009/09/tips-to-avoid-foreclosure-scams/ Distressed Real Estate News and Opinion Thu, 02 Feb 2012 16:42:28 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://blog.foreclosure.com/2009/09/tips-to-avoid-foreclosure-scams/comment-page-1/#comment-25857 Mike Rausa Fri, 18 Sep 2009 05:05:10 +0000 http://blog.foreclosure.com/?p=2240#comment-25857 It's unbelievable how much fraud took place during the real estate boom. Many of my clients are struggling to get back on their feet from the real estate downturn. It’s unbelievable how much fraud took place during the real estate boom. Many of my clients are struggling to get back on their feet from the real estate downturn.

]]> http://blog.foreclosure.com/2009/09/tips-to-avoid-foreclosure-scams/comment-page-1/#comment-25785 Jonathan Strength Tue, 15 Sep 2009 16:42:14 +0000 http://blog.foreclosure.com/?p=2240#comment-25785 I have been unemployed from the real estate marketing field for almost a year and a month. I have exhausted all of my savings and 401k, and am now left with nothing but what little bit of unemployment I received each week. I have been actively seeking work ever since being laid off from my job, and finally, out of desperation, accepted a job that would initially pay for two weeks of training via a temp agency, at which point the temp agency would stop payment, and I would go to commission-only with the said company. During the second and final week of training (which, by the way, was “for [me] to see if the job is a fit for [me] and the company”), I realized this was not a position in which my financial situation I could afford to take. Virtually no one was coming in the retail establishment, and additionally, as I learned more about the way the company worked, I realized to start my own business (which is what I’d have to do) would cost more than I could afford. At that point, I informed the employer that the position was not a fit for me, thanked them, etc., etc. The next thing I know, my employment benefits stopped. I learned that the temp agency had flagged me as “hired,” even though the payment from them was for the two weeks of training only, and for that specific position. Now I have no benefits whatsoever, and am at a complete loss as to what to do next. I am behind on my mortgage loan payment, and even though I have been set up on a three-month deferral, I am wondering how I’m going to make even the minimum due at the first of the month. Does anyone have a recommendation on a company that would be able to help with a mortgage rate loan modification or refinance of some sort in my situation? I’ve been given the name of one particular site, www.help4homeowers.com, which I’ve heard is a reputable company. Before taking any action or contacting any certain company, do any of you have any suggestions, similar stories, or information that may help? Thank you! Jonathan I have been unemployed from the real estate marketing field for almost a year and a month. I have exhausted all of my savings and 401k, and am now left with nothing but what little bit of unemployment I received each week. I have been actively seeking work ever since being laid off from my job, and finally, out of desperation, accepted a job that would initially pay for two weeks of training via a temp agency, at which point the temp agency would stop payment, and I would go to commission-only with the said company.
During the second and final week of training (which, by the way, was “for [me] to see if the job is a fit for [me] and the company”), I realized this was not a position in which my financial situation I could afford to take. Virtually no one was coming in the retail establishment, and additionally, as I learned more about the way the company worked, I realized to start my own business (which is what I’d have to do) would cost more than I could afford. At that point, I informed the employer that the position was not a fit for me, thanked them, etc., etc.
The next thing I know, my employment benefits stopped. I learned that the temp agency had flagged me as “hired,” even though the payment from them was for the two weeks of training only, and for that specific position. Now I have no benefits whatsoever, and am at a complete loss as to what to do next.
I am behind on my mortgage loan payment, and even though I have been set up on a three-month deferral, I am wondering how I’m going to make even the minimum due at the first of the month. Does anyone have a recommendation on a company that would be able to help with a mortgage rate loan modification or refinance of some sort in my situation? I’ve been given the name of one particular site, http://www.help4homeowers.com, which I’ve heard is a reputable company. Before taking any action or contacting any certain company, do any of you have any suggestions, similar stories, or information that may help?
Thank you!
Jonathan

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