'Get Rich Quick' Real Estate Seminars;Good Business Or Foreclosure 'Rescue' Scams?

This is a MUST READ! DREAMS FORECLOSED: The Rampant Theft of Americans' Homes Through Equity Stripping Foreclosure  "Rescue" Scams is a 68-page report issued this week by the National Consumer Law Center. The report contains numerous individual stories and reports of foreclosure "rescue" tactics used around the country, plus a special section of exhibits. One Maryland homeowner who lost her home to this scam tells her story and the report  documents why it hasbeen so hard to beat these scams and how foreclosure "rescue" tactics have become a major part of many nationally-advertised "get rich quick in real estate" seminars. Almost all those cited in the report are willing to be interviewed by the news media about their experiences and what might be done to combat these scams.

Comments

[Karen Mason]

I love your posts. They are very informative. Thanks for the info!
Karen

[Wesly]

Avoiding foreclosure is very risky and a part from these we have to be very careful of the scams. As many people are victimized of these.So we need to have thorough knowledge of foreclosure.

[Tony]

The beauty of the topic kept me reading till it ended. It happens only for a few times in a month that i read everything in an article. I admire your vision and the effort to explain foreclosures. Kindly do come up with topics like foreclosure fraud and foreclosure freeze.