No More Falling Prey to Foreclosure Rescue Scam!

I read an article today about an Austin, Texas man (Frederic Alan Gladle) that was sentence to 61 months in prison for participating in a foreclosure-rescue scam.  He stole about $1.6M from distressed homeowners.  He convinced them that he would be able to delay the foreclosure up to 6 months for $750  a month.

When I read this article today in the DSNEWS.com dated 05/04/2012 by Esther Cho, it just breaks my heart when I get a bank foreclosure and I have to go out to the property and so many times, the former homeowner is in the house shocked that I am knocking at their door.  I go on about my speech how the house is now been foreclosed on and that the bank wants their house back.

They break down and tell me that they have either hired an attorney to help them with their loan mod and signed up for some type of service like Frederic Alan Gladle offered above, all but a lifeless dream and a scam.  These homeowners put all their hopes into these people and at the end of the tunnel they are the ones losing.

If you are a distressed homeowner out there, please do your own loan modifications so that you know it is being done right.  Do research on a company before paying them so that “they can save your home”.  9 times out of 10 it is a scam.

Short sales these days are a great alternative to a foreclosure.  If you have not missed a payment and short sale your house.  You can potentially purchase a home in the few following months with FHA.  Please call me with any questions, I am here to help you in your most difficult time.