Posts with tag scams

New Warning on Mortgage Mods: Demand for Up-Front Fees Is a Sure Sign of a Scam

The housing market has been slowly recovering for most of the year, but the fact remains that millions of Americans are still underwater when it comes to what they owe on their mortgage versus the value of their home. As such, many may be looking for some relief, and scammers are now preying on that need. In recent weeks,... Continue Reading »

Homeless Man Allegedly Rents Out Vacant Home to Tenants

Is being a thief better than being a squatter? A homeless man allegedly stole $1,375 in cash by renting out a vacant home in Ormond Beach, Fla., so that he could afford a place to live, MyFoxOrlando.com reported. Eric Sisson, 27, (pictured at left) listed the foreclosed home on Craigslist, claiming that he recently... Continue Reading »

7 Steps to Avoid Mortgage Scams by Private Lenders

By Christopher Maag During the height of the mortgage boom, it seemed all you needed to get a mortgage was a pulse. Now that banks have tightened their lending rules considerably, many people find it impossible to get a traditional mortgage. One of those people is Amber, a Credit.com reader who wrote us recently. Her... Continue Reading »

Online Rental Scams to Avoid

Sure, we've already discussed how to avoid a Craiglist rental scam. But there are even less obvious ones to be concerned about. You know the ones -- they don't immediately send chills, but seem like a very tempting, rare opportunities. These are the "lure listings." They will bite you if you aren't careful! Here are five... Continue Reading »

How to Avoid a Craigslist Rental Scam

We love Craigslist. It works because most people are trustworthy most of the time. Need to sell something? Find something? Move somewhere? Craigslist is there for you. However, there is a dark side of Craigslist, too, thanks to a few bad apples. Here's how to identify a Craigslist rental scam and tips to avoid potential... Continue Reading »

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