New Foreclosure Scams Watch
Colorado Foreclosure Scams
Folks in Colorado and all over the United States could find themselves victims of fraud when trying to refinance because of Colorado Foreclosure Assistance Scams. We at Golden Lenders are not only licensed and qualified lenders, but we’re also here to educate you on what to look out for. Over the recent times of the economic meltdown, crooks have figured out new ways to extort money from vulnerable people in financial dilemmas. Don’t find yourself in a worst situation than you already may be in. There are many different types of foreclosure assistance scams out there, and a handful have actually came through Colorado. These crooks prey on folks who have lost there job, maybe contacted them through a phony website or even called your house. Be on the watch out and apply the “If its too good to be true, it probably is” rule.
Colorado Foreclosure Scam Tactics
Foreclosure Assistance Scam one- The Paid Profesional Negotiator Scam
The thieves normally will try and act as a liason between you and your lender. Like most financial consultants, they persuade you to let them handle the banks and creditors. When you pay the initial fee, you get nothing.
Foreclosure Assistance Scam two- The Falsified Bankruptcy Filing
They promise you everything above, and then some. After they pocket your money, the foreclosure does stop – But its only temporary. After your done with this scam, it could cost you your credit, court fees (they fail to tell you about court dates), your home, and then the money you paid them.
Foreclosure Assistance Scam three- Bait and Switch
You begin to think there is hope… while you are signing your new 4 % loan where your payments are exteremely low, you later find out you signed over your title. This is a very popular scam because it seems so realistic and ensuring. Be careful with this, make sure you have an attorney look over paperwork if your not sure.
Help with Colorado Home Foreclosure and Refinancing
Where there’s a will, there’s a way. Golden Lenders has helped numerous folks keep their homes from foreclosure. The key to defeating foreclosure is preparing early on. We are here to not only assist you, we are truly here to help you. It does us more good as a lender to help you keep your loan than to allow you to default on it. We are qualified and have been doing business in Denver for almost 16 years. We are licensed and will assist you with a refinancing option that can help you save your house. During these stressful times, we at Golden Lenders do not want to see you go through any of these Colorado Foreclosure Assistance Scams. Contact us today to discuss your options – You’ll be glad you did.
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