Real Estate Investing Scam: Unsolicited Letters or Calls
www.hypoloan.com
Be careful of investors who are offering to purchase your home. It might appear that they are helping you to stop foreclosure, but they only prey on homeowners who are already distressed. They will promise you that they will solve your financial problems but they will turn out to be scam artists.
If you are now facing foreclosure, remember that there are a lot of legitimate investors that can really solve your problem. One of the differences between a scam artist and an honest investor is this: true investors will never send you unsolicited letters or e-mails. Another thing is that they will not phone you to ask for business. To seek legitimate investors, it is best to get referrals from co-workers, friends, or family.