bullet

Industry-Specific Information

bullet

Business Start-up Checklist & Tools

bullet

Resources for All Fifty States

bullet

Articles from Small Business Experts

bullet

The Best Source for Entrepreneurs

Navigation

* * *
HOME

NEW BOOK: LEAP! 101 WAYS TO GROW YOUR BUSINESS

BOOK: FROM ENTREPRENEUR TO INFOPRENEUR

BOOK: AUTHOR'S GUIDE TO BUILDING AN ONLINE PLATFORM

BOOK: THE BUSINESS STARTUP CHECKLIST

 

ALL PRODUCTS: BOOKS, EBOOKS, REPORTS, AUDIOS

ARTICLES


BLOG

REGIONAL RESOURCES

INDUSTRY GUIDES

SEARCH

CONTACT

ABOUT

* * *

Get Our Popular Marketing Tips Newsletter with Bonus Report:
35 Ways to Boost Traffic Online!!

 

Ready to Publish and Promote Your Book?
Experience the only virtual Nonfiction Writers Conference!


Nonfiction Writers Conference, Publish a Book, Book Marketing, Authors, Self-Publishing, Traditional Publishing

 

 

LEAP! 101 Ways to Grow Your Business by Stephanie Chandler
**NEW!**
LEAP! 101 Ways to Grow Your Business

 

 

From Entrepreneur to Infopreneur: Make Money with Books, eBooks and Information Products

From Entrepreneur to Infopreneur: Make Money with Books, eBooks and Information Products

 

 

The Author's Guide to Building an Online Platform: Leveraging the Internet to Sell More Books

The Author's Guide to Building an Online Platform: Leveraging the Internet to Sell More Books

 

 

How to Start a Used Bookstore

How to Start and Run a Used Bookstore

 

 

The Business Startup Checklist and Planning Guide: Seize Your Entrepreneurial Dreams! by Stephanie Chandler: Business book - Click for info

The Business Startup Checklist and Planning Guide

 


* * * * * * * *

Want to Publish Your Book?

Authority Publishing - Custom Book Publishing, Marketing Services

Authority Publishing provides exceptional custom book publishing and author marketing services for non-fiction books.

* * * * * * * *

 

 

 

 

 

 

People are talking about the BIG website. Are you?

Tell a friend

and help us share the love!

 

Think BIG. . .

BusinessInfoGuide.com

 

Business Info Guide - Resources for entrepreneurs, authors and speakers


 
ARTICLE: Foreclosure Scams by Garrett Sutton

Foreclosure Scams

By Garrett Sutton, Esq.

The increase in foreclosures has resulted, predictably, in a surge in the number of scamsters pretending to want to help homeowners in need. Here are some of the scams to be aware of:

bullet The Bailout: The homeowner is led to believe that by signing over title to the house he or she can remain as a renter and buy the house back over time. The terms of the buyback are impossible to meet and the homeowner loses possession. The scam artist ends up with the property.  
bullet Equity Skimming: A "buyer" approaches you with an offer of help. He will pay off your mortgage but you must move out and deed the property to him. The buyer puts a tenant in the property and collects the rents. But he does not make any mortgage payments and allows the lender to foreclose.
bullet The Bait and Switch: Homeowners are led to believe that they are signing documents to bring the mortgage current. Instead, they are actually turning over their ownership of the property to the scam artist.
bullet High Powered Help: Companies promoting as heroes to homeowners charge large and excessive fees to save the property. They perform very little work and the home is lost anyway.

How do you avoid one of these scams?

First, never be pressured to sign a contract. Take your time. If it is such a good service they will offer it tomorrow, despite their pressure to sign today. Suggest that you must have your lawyer review it (even if you don't have a lawyer). If the person says a lawyer wouldn't understand this or wouldn't approve of it - you know you are dealing with a scam artist.

Second, never sign away your ownership to the property. People who put you in this position are only maneuvering to take away your home.

Third, never make a mortgage payment to anyone but the lender. If the scam artist suggests that they will pay the mortgage be assured that they will not.

 

Fourth, do not sign any document with blanks or lines that are not filled in. Scamsters will later add language to your detriment.

Finally, always seek the counsel of a good, local lawyer. Their job is to protect you from ever being scammed in these ways. And in this current environment there are plenty of scams to know about and avoid.

About the Author:

Garrett Sutton, Esq. has over twenty years experience assisting and advising entrepreneurs, families and business in selecting the appropriate corporate structures to limit their liability, protect their assets and advance their personal and financial goals through real estate investments and other means of wealth creation.

A best-selling author, speaker and a member of an elite group of "Rich Dad's" advisors, hand selected by author Robert Kiyosaki, Garrett speaks to investors and entrepreneurs on a variety of topics including asset protection, liability limitation, wealth creation, as well as various business and real estate issues. As an advisor for Robert Kiyosaki, Garrett has authored Own Your Own Corporation, How to Buy & Sell a Business, and co-authored Real Estate Loopholes. These titles are included in the "Rich Dad, Poor Dad" wealth-building book series. Additionally, under the SuccessDNA Publishing label, Garrett has authored and co-authored numerous books including, How to Use Limited Liability Companies and Limited Partnerships. Visit www.CorporateDirect.com for more information.

View All Articles from Business Info Guide

Related Books:

 


Popular Resources

Small Business Growth Strategies BLOG

FREE Earnings Calculator


Join Us!

Stephanie Chandler on Twitter - bizauthor

Stephanie Chandler on Facebook

Stephanie Chandler on LinkedIn

 


NEW!
Entrepreneur-Authors Group on Facebook
 

Author & Speaker Stephanie Chandler - Internet Marketing, Publishing, Small Business

Greetings and welcome to Business Info Guide! I am Stephanie Chandler and I launched this site in 2004 as a way to share useful resources with fellow entrepreneurs. I hope you find plenty of valuable information here. Don't forget to sign up for our monthly newsletter. I promise not to crowd your mailbox with lots of promotions - I value your time and attention.

 

Wishing you abundant joy and success,

-Stephanie

 

P.S.
Do you have a great small business success story? Download and complete the interview form to get featured on our blog!

 

Offers

 

Industries

Industry Guides:  Resources for Starting a Business

Bed & Breakfast

Book Selling

Cleaning

Coaching

Collectibles & Antiques

Collections Agency

Concierge/Errand Service

Construction/General Contractor

Consulting

Convenience Store

Day Spa

eBay Business

Event Planning

Food & Beverage

Franchise

Gift Baskets

Grocery

Gym

Health & Fitness

Infopreneur

Internet/Computer

Inventions/Inventor

Network Marketing/MLM

Non-profit/Charity

Online Business

Pet Services

Pharmacy

Professional Organizer

Public Speaking

Publishing

Retail

Sports

Travel & Tourism

Virtual Assistant

 

 

BusinessInfoGuide

Because life is more rewarding when you love what you do!

 

 

Contents Copyright (C) 2005 - 2009 BusinessInfoGuide.com

No content from this site can be reprinted without express permission of the site owner.