Anaheim, CA Foreclosure Help

If your mortgage company is threatening foreclosure on your California home, there are things you can do to avoid it . California loan modification by a Anaheim, CA loan modification company can save your home from foreclosure. Anaheim, CA loan modification is actually an easy process if done by a licensed attorney. At Feldman Law Center we are committed to providing legal assistance to Anaheim, CA residents facing foreclosure. Our Anaheim, CA foreclosure assistance program for Anaheim, CA homeowners is unmatched in the loan modification industry. We have special relationships with the lenders threatening foreclosure on our home and know how to work with them through such issues as negative equity, late mortgage payments, and financial hardships.

However, you should be aware of scams. If there are solutions to your problems that seem too good to be true, they probably are.

For example, if you're trying to sell your home in Anaheim, CA yourself without professional guidance, beware of buyers trying to rush you through the process. It is unfortunate, but there are people who will try to take advantage of your financial difficulty. You should be especially alert to these scams:

Equity Skimming

In this scam, a person approaches you as a buyer, offering to get you out of financial trouble by promising to pay off your Anaheim, CA mortgage or to give you a sum of money when the property is sold. This person may suggest you move out quickly and deed the property to him or her. The buyer than rents the California property, collects rents for a time, does not make any mortgage payments, and allows the lender to foreclose. The important thing to remember is that signing over your deed to someone else does not necessarily relieve you of your obligation on the Anaheim, CA mortgage loan.

Loan Modification or Counseling Scams

Some organizations may approach you saying they are "counseling agencies." They will offer to perform certain services for a fee. Some may try to even say they are loan modification companies. Many of these loan modification companies are real and offer a good service. If you feel you are being targeted by a scam then please contact The Feldman Law Center now and we will provide you with the advice you need to make an educated decision about Anaheim, CA loan modification.

Precautions you can take to avoid Anaheim, CA Foreclosure Scams

Here are some things you can do to avoid a foreclosure scam.

1. Don't sign any papers you don't understand

2. Make sure you get all "promises" in writing

3. See a lawyer or your mortgage company before entering into any agreement involving your house.

4. Beware of any contract of sale or loan assumption where you are not formally released from liability for your mortgage debt.

5. If you're selling the house yourself, to avoid foreclosure, contact your state's attorney general, the state real estate commission, your local Better Business Bureau, or your district attorney's consumer fraud division to make sure there are no complaints against the prospective buyer.

The main things to remember

Don't lose your home and damage your credit history

If you are receive a letter from your mortgage company threatening foreclosure, contact the company immediately.

Stay in your home to make sure you qualify for assistance.

Explore every alternative to keep your home.

Be aware of scams.

Do not sign anything you don't understand. And remember that signing over the deed to your house to someone else does not necessarily relieve you of your loan obligation.