Foreclosure scams

Every time I read an article about the foreclosure scams that are plaguing our country, it often sounds the same:

Scammer sends mail, or knocks on the door of the homeowner in foreclosure. They tell the homeowners to "sign documents" and that they'll lease the house back to them and then they can buy it back from them at a later date (once their credit is allegedly repaired).

Unfortunately, what they don't share with you (the homeowner) is the fine print:

1. They have probably had you sign the deed to your house over them (which puts them on title to the home and makes them legal owner of the home).
2. That if you're a day late with a rent payment, they reserve the right to evict you.
3. That they can raise the rents at anytime.

Be extremely careful of anyone who wants to get you out of foreclosure by leasing your home back to you. Reputable companies, such as www.SaveMeFromForeclosure.com NEVER offer to leaseback homes to their clients.

If there's a way for the clients to keep the home (through refinancing or lender mediation), www.SaveMeFromForeclosure.com will help the homeowner do so. If neither of those options are available, then it's time the homeowner look to other alternatives: namely selling the property.