Friday, July 30, 2010

Tip & Quotes of the Week July 23-30

Mortgage Scams
We all know if something sounds to good to be true, it probably is. Scams of any type often have this as an underlying foundation. They prey on greed, fear, and ignorance. Mortgage scams have become the pinnacle of scams lately. So take care not to fall for them, they are everywhere and in many forms.

Homework:
If you are struggling to make your house payment, you are not alone. No matter what the cause of your present condition or no matter how hard things are, contact your lender first. Be leery of companies or software who make outlandish promises to be able to save your home from foreclosure. Most of all NEVER pay fees up front for future promises.

"The more gross the fraud, the more glibly will it go down, and the more greedily be swallowed, since folly will always find faith where impostors will find imprudence." Charles Caleb Cotton

"Rather fail with honor than succeed by fraud." Sophocles

Fraud is the ready minister of injustice." Edmund Burke

No comments: