Finding Good Help with Foreclosure

As soon as your home goes into foreclosure, there are a lot of people who will claim that they can help with foreclosure. The truth of it is that most of them are scams. There are people who claim to be investors, others who claim they can help negotiate a short sale with your lender, others who claim they can negotiate a refinance with your lender. Any of these will likely be scams. Many of them will ask for money upfront and some will claim to have negotiated a deal for you and ask you to send them a check.

You can get real help from HUD counselors, from state or local foreclosure hotlines, from workshops put on by local agencies, and from an attorney. Except for the attorney, all of these other services will be either free or very low cost. Paying for an hour of an attorney’s time so they can review your situation might well be worth it. They know the laws and can help you understand what your rights are.

Whenever someone says they can help you out of your situation, be sure to ask lots of questions, never sign anything you do not understand, and be sure that you know what you are paying for before you hand over a check to anyone.

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