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“There’s so much inventory out there that the buyer can pick and choose,” said Susan Sirles Fidler, a Realtor at Re/Max 10, Oak Lawn. But she cautioned, “The stuff that’s almost free is almost free because it’s going to cost you an arm and a leg to put it back together. It’s not buyer beware as much as buyer be smart.”
found at chicagotribune.com.
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Tips for avoiding foreclosure fraud

U.S. Department of Housing and Urban Development
451 7th Street S.W.,
Washington, DC 20410
Telephone: (202) 708-1112 TTY: (202) 708-1455
Find the address of a HUD office near you

official site: http://www.hud.gov/

source: The Associated Press found at http://www.readingeagle.com/re/consumer/1619939.asp

Foreclosure fraud is becoming a common problem in the United States, according to experts and law enforcement officials. Homeowners can lose all the equity in their homes, or even their homes, as part of these scams, which are sometimes called foreclosure rescue scams.

Here are some tips on how to avoid these scams:

Be suspicious of anyone who contacts you first or offers “bargain loans” or “easy credit.”
Try contacting the mortgage lender to work out a payment plan if you are having trouble meeting your mortgage.
Don't sign any documents before reviewing them carefully.
Be aware that signing any kind of deed, such as a warranty deed or quit claim deed, means you are selling your home.
Contact a private attorney or housing counselor approved by the U.S. Department of Housing and Urban Development to help review any documents before signing.

Information about foreclosure and approved housing counselors is available online at www.hud.gov/foreclosure or by phone at 800-569-4287.

HUD-approved housing counselor to explore your options at (800) 569-4287 or TDD (800) 877-8339.

Source: Colorado attorney general's office

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Is it possible to buy a home with no credit ? The foreclosure crisis has not hit hard enough. In the US it is still possible to get $1.5 Million in Real Estate with No Credit Checks: Controlling Real Estate without credit checks -- the painless way to secure your dream home or first investment property seems guaranteed! Don't forget to cover your back... Click here for free details

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HUD-approved housing counselor to explore your options at (800) 569-4287 or TDD (800) 877-8339.

hud approved lender at Business Foreclosure