FORECLOSURE RESCUE SCAMS

• A distressed homeowner surrenders title to an 'investor', believing, based on the promises of the foreclosure rescue crook, that he/she will be able to buy the home back from the investor at a later date.

• The crook tells the distressed homeowner that the 'investor' has a better credit rating and will get new financing to prevent the foreclosure. 

• The homeowner eventually loses the house and crook walks off with the rent and equity. 

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