Foreclosure Fraud

Florida residents were hit hard by the recent recession and mortgage crisis.  Across the state unfair lending practices left thousands of families facing foreclosure.  The increase in foreclosure rates also created a rise in foreclosure fraud in Miami and Fort Lauderdale.  If you are a victim of foreclosure fraud you should contact an experienced attorney immediately.

Foreclosure rescue companies prey on vulnerable families.  They promise false hope and cheat people out of their homes and hard earned money.  Although there are many types of foreclosure fraud in Miami, most fall into one of the following categories:

• Fee based—where the homeowner is asked to pay an up-front fee to stave off an impending foreclosure.

• Equity based—a more elaborate scheme involving complicated transactions and paperwork that allow the so-called rescue company to steal equity in the home or take over ownership of the house. 

Millions of Americans believed they were making the right choice to save their home only to lose it because of a foreclosure fraud scheme.  Victims are often told they can continue living in their home, pay rent to the rescue company, and then buy back the house later, but then months later receive an eviction notice.  Most people do not even realize they no longer own their home. Do not let this happen to you.  Contact the Law Office of Daniel M. Keil, P.A. today to discuss your case and understand your rights.

Avoiding foreclosure fraud

Here are some things to remember to avoid foreclosure fraud in Miami Lakes:

• Avoid doing business with a mortgage consultant or foreclosure service unless you thoroughly investigate their services first.
• Avoid companies that promise quick and easy solutions.
• Do not do business with a company if they contact you first. They are likely looking for a target. 
• Do not pay for services up front.
• Never make mortgage payments to anyone but your lender or mortgage servicer.
• Never transfer a property deed or title without an attorney present.

Foreclosure fraud can happen to anyone.  If you are a victim of Miami foreclosure fraud, Daniel M. Keil will work hard to see that justice is served.