If you have bought a home recently, BEWARE!
Lillian Walker-REO Broker/Owner/Auctioneer RCS-D saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.
Unbelieveable real estate stories
I am amazed at the con artists that surface during tough economic times.
A couple weeks ago at Huntington Beach Broker Preview, we heard that the newwest scam involves brand new homeowners. Once they sign documents and close on a home. Scammers research the newest home owners and send the new homeowners a notification of their first mortgage payment to be sent to their address. The problem is that they are not legitamately the mortgage note holder!
When the homeowner misses a payment, they receive a notice from the actual mortgage holder and you can see the mess that emerges.
This ... more