6 Tips to Protect Foreclosures in Santa Cruz from Loan Modification Scams
Posted by Lauren Spencer on
Many facing the possibility of being added to the number of foreclosures in Santa Cruz are frightened, often frustrated and feel helpless. It’s understandable; nobody wants to lose their home. However, those feelings often lead to being victimized by loan modification con artists who promise freedom from foreclosure for a little bit of money and leave victims in their wake.
Here are a few tips to protect yourself from scams that could take you one step closer to becoming one of the foreclosures in Santa Cruz:
1. Never believe a guarantee. No one, company or individual, can guarantee loan modification or that your lender won’t foreclose. If the loan modification company starts spouting guarantees, walk away.
2. Never sign over power of attorney.…
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