1. Beware of anyone who asks you to pay a fee in exchange for a counseling service or modification of a delinquent loan.
2. Scam artists will target homeowners who are struggling and are anxious to sell their homes. You must recognize and avoid these common scam artists.
3. Beware of people who pressure you to sign papers immediately. They try to convince you that they will save your home if you sign or transfer the deed to your home over to them.
4. Do not sign the deed of your property to any organization or individual unless you are working directly with your lender to forgive your debt. The lender must specifically approve the sale.
5. Never make a mortgage payment to anyone other than your mortgage company, except at their direct request, in writing to another mortgage company.
