Mortgage relief fraud a threat to distressed homeowners in Grand Rapids, MI

GRAND RAPIDS, Mich. - March 12, 2013 - PRLog -- Mortgage relief fraud a threat to distressed homeowners in Grand Rapids, MI

For homeowners in danger of losing their home to foreclosure, the difficulties of navigating their options are being complicated by the threat mortgage relief fraud.

Since the foreclosure crisis began, the growing number of people who find themselves in danger of losing their homes have proven to be fertile ground for scams which seem to offer a solution to the problem. Knowing that these homeowners are often desperate makes these con artists more bold.

“Homeowners who are in danger of losing their home to foreclosure are especially vulnerable to these types of predators,” says Donna Tashjian with Keller Williams Grand Rapids East.  “It is vitally important that these homeowners learn about the danger so they can protect themselves.”

Some of the most common scams include offering money-back guarantees, posing as a charity which helps homeowners in exchange for upfront fees, or posing as a bank representative in order to get the homeowners to stop contacting their lenders. Just last month, the New York Times reported about a ring of scammers who approached homeowners, saying they’d been pre-approved for a loan modification. The only thing they would have to do would pay a few thousand dollars up front. This is a common tactic.

As a Certified Distressed Property Expert (CDPE), Donna Tashjian is specially trained to help homeowners who find themselves facing foreclosure while helping them avoid these types of scams. “It is important to me that homeowners know that they have options and to educate them to the dangers that exist.” Donna said.

Donna Tashjian has developed a free report with more information The dangers of mortgage relief fraud and what to look out for as a homeowner. The report, entitled, “Mortgage Fraud Alert! Don’t Fall Victim to the 5 Most Dangerous Mortgage Relief Scams,” is accessible from her website, www.DonnaHelpsHomeowners.INFO