Skip to main content

Mortgage Rescue Scams Are On The Rise

Mortgage Rescue Scams Are on​ the​ Rise
One type of​ mortgage rescue scam involves a​ predatory real estate investor stealing the​ equity a​ victim has built up in​ their home. Typically,​ the​ scammer will tell the​ victim they want to​ help save the​ home from foreclosure. This real estate investor will tell the​ victim he or​ she will buy the​ house personally,​ or​ will arrange to​ have another investor purchase the​ house.
The scammer promises to​ lease the​ house back to​ the​ victim for a​ period of​ 12 to​ 24 months to​ allow the​ victim to​ recover financially,​ repair their credit,​ find a​ better job,​ etc. They say that after the​ victim is​ economically healthy they will sell the​ house back at​ the​ end of​ the​ lease.
The real estate investor will often also attempt to​ sell credit repair services,​ mortgage broker services,​ and job placement services to​ the​ victim as​ part of​ the​ scam. Eventually,​ the​ scammer will force the​ victim out of​ their home and then sell the​ house,​ keeping the​ equity for themselves.
Government officials are seeing more of​ this type of​ criminal scam as​ mortgage rates increase and increasing numbers of​ homeowners are facing higher mortgage payments.
The scammers often use company names reflective of​ church affiliations. Often they use connections through social organizations or​ churches to​ meet victims.
Another type of​ mortgage rescue scam is​ a​ lease back transaction built on​ a​ series of​ lies. the​ scammer has no intention that the​ victim will be able to​ avoid losing the​ home. the​ scammer leases the​ house back to​ the​ victim with lease payments as​ high,​ or​ higher than the​ mortgage payments the​ victim was failing to​ make in​ the​ first place.
The scammer will often fail to​ provide the​ promised credit repair services,​ mortgage broker services,​ or​ job placement services that would be needed to​ put the​ victim in​ a​ position to​ repurchase the​ property at​ the​ end of​ the​ lease. as​ soon as​ a​ lease payment is​ missed the​ scammer will move to​ have the​ homeowner evicted.
Once the​ homeowner is​ evicted,​ the​ scammer will sell the​ house,​ pay off the​ underlying mortgage,​ and keep the​ equity. the​ victim end up with ruined credit and any mortgage obligations not satisfied by the​ sale of​ the​ home in​ the​ scam transaction.
There are many other variations on​ this scam. Sometimes the​ scammer will purchase the​ house from the​ victim below market price. the​ loan application may claim that the​ scammer intends to​ occupy the​ house when,​ in​ fact,​ there is​ already an agreement to​ lease the​ house back to​ the​ seller which is​ not disclosed to​ the​ lender. This lie helps insure that the​ loan will be approved and will give the​ scammer a​ better interest rate on​ the​ mortgage than if​ it​ had been an investment loan.
Sometimes the​ scammer will use an investor to​ purchase the​ house with a​ mortgage loan at​ below market value. the​ investor,​ who is​ often another victim,​ will then immediately quit claim the​ house to​ the​ scammer,​ often for a​ fee being paid by the​ scammer. the​ investor’s loan application will often claim the​ property is​ to​ be owner occupied when there is​ a​ lease agreement already in​ place with the​ seller. the​ existence of​ the​ lease will not be disclosed to​ the​ lender.
Scammers find vulnerable people through marketing,​ public records,​ or​ personal networks. Marketing includes direct mailings,​ radio and TV ads,​ or​ simpler approaches such as​ posting fliers. Public records may be found at​ county recorders offices where notices of​ trustee sales are available to​ the​ public.
Personal networks often include churches or​ community organizations. Professional networks can be used to​ locate victims when the​ scammer is​ also a​ real estate agent,​ mortgage broker,​ loan officer,​ attorney,​ or​ appraiser with inside information about the​ victim’s vulnerable financial position and pending foreclosure.
If you​ know people involved in​ these types of​ scams,​ call the​ Department of​ Financial Institutions Enforcement Unit with details.


Popular posts from this blog

Yoga Supine pose Knee down twist (sputa matsyendrasana)

Supine pose Knee down twist (sputa matsyendrasana) Lying on your back you bring your arms to the sides of the body with the palms facing down. Bend the right knee and place the right foot on the left knee. While exhaling you drop the right knee over the left side of your body twisting the spine and lower back. Look at the right hand, keeping the shoulder flat on the floor you relax into this posture. When doing yoga poses at home make sure to put a soft foam mat or anything similar on the floor to support your back when lying down. Yoga postures are not supposed to hurt when doing them, so if you feel that your body does not want to go any further, don't push it.

Yoga Poses High Lunge Ardha Mandalasana

High lunge ardha mandalasana
Stand with legs straight, feet together, arms by sides, then step back with right foot, bending both knees so left knee aligns with left ankle, right leg extended, heel lifted. Inhale and lift both arms overhead. Yoga poses should gently stretch and relax the body so don't strain yourself during the exercise.

Yoga Poses Side Plank Vasisthasana

Yoga Poses Side Plank Vasisthasana
Side plank vasisthasana
Shift your weight onto your right arm as you roll onto the outside of your right foot, keeping the feet flexed you put the left foot on top of the right foot, keeping the legs straight. Bring the left arm up towards the ceiling and gave through the fingertips. Roll back to the center and do the same with the other side of your body. 

7 Little Known Acne Skin Care Secrets

7 Little Known Acne Skin Care Secrets
An acne problem is​ not a​ problem,​ so long as​ you​ know wise acne skin care tips. ​
One does need much money to​ get that healthy glowing skin,​ with the​ natural acne skin care methods,​ acne shouldnt be treated like monsters under your bed. ​
Here are some acne skin care methods we can practice.
The power of​ water. ​
Oil,​ they say is​ thicker than water. ​
But water is​ the​ plainest,​ most natural substance we can use for acne skin care. ​
In washing your face,​ do it​ gently. ​
Rubbing and​ scrubbing your face does not clean the​ skin gently. ​
For best acne skin care effects,​ using a​ mild cleanser or​ toner once in​ the​ morning,​ noon and​ evening,​ and​ after doing a​ heavy work out,​ will help you​ achieve a​ clear skin.
Pick that zit. ​
People who prick pimples and​ blemishes as​ if ​ pricking a​ bubble only aggravates the​ risk of​ skin inflammation and​ acne scars. ​
Avoid hand contact with your face for better acne skin care result…

5 Tips To Cure Your Acne

5 Tips to​ Cure Your Acne
Here are 5 tips to​ help with acne prevention and​ treatment and​ skin maintenance. ​
They are listed in​ no particular order of​ importance.
1. ​
Get plenty of​ fresh air and​ sunshine for vitamin D,​ ingredients for healthy skin. ​
Not only will your skin appreciate the​ vitamin D,​ your body and​ mind will enjoy the​ oxygen and​ stress reducer of​ a​ daily jaunt outdoors. ​
But dont overdo it​ and​ get a​ sunburn! Remember to​ use sun protection / tanning lotions if ​ youll be out long. ​
You dont want to​ get caught up in​ that cycle of​ burned,​ dead skin cells blocking pores,​ resulting in​ acne scenario. ​

2. ​
Remember,​ even good stress can trigger internal chemical responses that result in​ acne,​ too. ​
So plan ahead to​ deal with extra stress when planning a​ wedding,​ graduation,​ a​ move,​ a​ new job,​ a​ job transfer,​ a​ new baby,​ etc. ​
Journal a​ little extra,​ focusing on​ the​ upcoming issue or​ issues and​ plan in​ some extra rest use rela…

Free Directory Marketing

Free Directory Marketing
There are hundreds,​ maybe thousands of​ free directories on​ the​ internet,​ and you​ can use them to​ easily market your site – for free.
Directory Submissions
Submitting your site to​ free directories is​ the​ most obvious way to​ market your site via directories .​
Of course,​ there are several rules you​ should follow when submitting your site,​ if​ you​ want it​ to​ be accepted .​
Here are the​ most common site requirements:
1: Quality site .​
Meaning no adsense,​ pоrn,​ hate,​ or​ scraper sites allowed .​
Unique content is​ a​ must.
2: No promotional language in​ your title or​ description
3: Use valid contact information
4: Use your official site name as​ your title
Use those rules,​ and of​ course,​ read the​ rules on​ each site you​ submit to,​ and more of​ your listings will be approved.
Are paid submissions worth it?
With the​ exception of​ perhaps Yahoo,​ I​ do not believe so .​
The increase in​ link quality is​ just not worth the​ expense,​ in​ my opinion.

5 Natural And Nonnatural Acne Treatments

5 Natural and​ NonNatural Acne Treatments
At one point all of​ us have been trying to​ find ways on​ how to​ be completely acnefree. ​ Here are some natural and​ not so natural acne treatments that are proven to​ be effective.
1. ​ Witch Hazel Astringent
This astringent comes from the​ plant with the​ same name. ​ it​ is​ widely spread from Nova Scotia in​ Canada down to​ Texas and​ Florida. ​ Simply steam the​ twigs of​ this plant and​ voila! the​ extract you​ get from it​ serves as​ your astringent. ​ Remember to​ cool it​ though. ​ What’s good about this is​ that it​ occurs naturally and​ even the​ process it​ has undergone is​ all natural. ​ You can be assured it​ is​ less harsh compared with commerciallyproduced astringents.
2. ​ Commercially Produced Astringents
There is​ no doubt that astringents we can buy overthecounter are also effective. ​ There are lots of​ variants to​ choose from with additional ingredients that promote better skin. ​ The only downside is​ it​ can be a​ …

The Impact Of Acne

The Impact of​ Acne
Social Impact
Many acne sufferers tend to​ isolate themselves from society and purposely chose not to​ socialize with their friends. Why? Because acne sufferers are plagued with feelings of​ depression,​ embarrassment and have a​ poor body image. This then leads to​ frustration,​ anger and severe depression. These negative psychological effects can have a​ very crippling impact on​ an individuals social life,​ which in​ turn will discourage them from pursuing life’s opportunities socially,​ scholastically and even in​ the​ work force. Depression caused by acne can lead to​ low self esteem,​ causing sufferers to​ purposely miss dates,​ social gatherings,​ classes,​ job interviews and even work.
Psychological Impact
Although acne is​ not considered to​ be a​ life threatening disorder,​ its psychological effects can be quite profound as​ acne affects the​ most visible parts of​ your body. the​ psychological effects of​ acne have only come to​ light in​ recent…

7 Tips On Maintaining Acne Free Skin

7 Tips on​ Maintaining Acne Free Skin
Having that nasty zit is​ sometimes quite annoying. ​
In fact,​ it​ is​ a​ great factor on​ suffering low selfesteem particularly on​ young people whose main focus at ​ puberty is​ the​ physical attribute. ​
Preventing acne breakout is​ not a​ piece of​ cake that is​ why even if ​ you​ know everything about acne control,​ the​ acne still shows up every now and​ then. ​
The lack of​ time to​ maintain acne free regimen daily contributes to​ the​ breakout. ​
So how do you​ maintain your acne free skin? Here’s how
1. ​
Do not prick the​ acne affected area. ​
Touching it​ with bare hands can cause further irritation. ​
Unclean hands carry undesirable microorganism that can cause acne. ​
So it​ is​ rather safe to​ keep your hands or​ any other object from your face to​ impede the​ inflammation of​ the​ acne and​ scarring of​ the​ skin as​ well.
2. ​
Avoid using oilbased products on​ your hair. ​
Guys and​ girls wear hair products to​ improve their appeara…

The Main Causes Of Acne

The Main Causes of​ Acne
Medically speaking,​ an acne sufferer has a​ combination of​ elements working in​ unison,​ often causing inflammation to​ our skin otherwise known as​ acne.
These elements include
• Trapped bacteria under the​ skin
• Increased oil
• Keratosis retention
Increased oil within the​ skin can be caused by makeup,​ but is​ usually produced by the​ sebaceous glands. Sometimes these glands produce an increased amount of​ oil,​ resulting in​ acne and pimples. Retention of​ Keratosis can also cause excess oil and this happens when skin cells that are not shed block the​ sebaceous ducts. the​ role of​ the​ sebaceous ducts is​ to​ get rid of​ excess oil.
Commonly,​ outbreaks of​ acne occur during teenage years,​ but can occur with some people at​ any age. Acne is​ more common in​ teenagers,​ because of​ the​ marked increase in​ hormone activity processes within the​ skin. Whether it​ is​ a​ teen affected by acne,​ or​ an adult,​ it​ is​ a​ fact that hormones pla…