Homeowners Facing Foreclosure Warned to Beware of ‘Foreclosure Specialists’

Alton, NH – Many so-called “real estate investors” and most “real estate foreclosure specialists” actually specialize in conning unsuspecting, financially desperate homeowners into giving up the equity in their home, according to a new report available on the Internet at no cost.

Michael Callaghan of RockSolid Financial LLC has been helping homeowners threatened with foreclosure for many years. Now the advice he has been giving to clients is available as a free report “Recognizing and Avoiding Foreclosure Scams” online at http://www.AssistedRealEstateSolutions.com

“As soon as news of your foreclosure is made public, the predators are on the hunt. They might send you a letter or post card offering to buy your house for a ridiculous price. Others may call you, or even knock on your door, with an offer to buy your home,” explained Callaghan.

“The dangerous ones are the ones who act like your best friend, smile, and make an offer that is hard to believe. Most will tell you that they’ll stop your foreclosure, regardless of your situation, and even let you stay in your home. Does that sound too good to be true? Well, in most cases, it is,” he said.

The report warns that scam artists are looking for homeowners who are ignorant of the foreclosure process and options available, financially desperate, and who have equity in their home. So-called “real estate investors” or “real estate foreclosure specialists” are not really interested in helping homeowners. The only thing they want is to get their hands on the equity in the house, according to Callaghan’s report.

“Many of these offers to help are really just schemes designed to steal your equity. Even if they tell you that they plan to let you continue to live in your house, most of these folks use contracts heavily biased in their favor, and the slightest violation on your part will allow them to take your home and evict you. In landlord-friendly states, this is a very popular strategy to take every penny of equity you have built up,” warned Callaghan.

Although many states have begun to investigate isolated cases, and some have begun to pass new laws, there are still thousands of con artists who are deceiving thousands of homeowners all across the country every day. Enforcement agencies just do not have the resources to investigate the many, many cases that are out there.

Callaghan said he hopes his free report is of some help to homeowners who are in danger of foreclosure by providing information to help them avoid additional hardship and loss.

About RockSolid Financial LLC:
RockSolid Financial LLC is located in Alton, NH and owned by Michael Callaghan. The company offers assistance to homeowners who are in danger of foreclosure.

Press Contact:
Michael Callaghan
888-537-6424

Press release services provided by htp://www.ThatPRGuy.com