PROTECT YOURSELF FROM MORTGAGE RELIEF SCAMS

At Binary Real Estate, we are committed to keeping you informed and secure. With the rise of mortgage relief scams, it’s crucial to know how to protect yourself. Here’s what you need to be aware of:

How to Spot Fake Mortgage Relief Scams:

• Unsolicited Offers: Be cautious of unsolicited calls, emails, or letters offering mortgage relief or loan modification services, especially if they come from unfamiliar sources.
• Upfront Fees: Scammers often ask for upfront fees before providing any assistance. Legitimate relief programs will not require payment in advance.
• Guaranteed Results: Watch out for offers that promise guaranteed results or quick fixes. No legitimate program can guarantee mortgage relief without a thorough review of your situation.
• Pressure Tactics: Be wary of high-pressure tactics that rush you into making decisions. Scammers use these methods to create a sense of urgency.

How to Avoid Mortgage Relief Scams:

• Verify All Offers: Contact your mortgage lender directly using known and trusted contact details to verify any offers or requests you receive.
• Research the Company: Check the legitimacy of any company offering mortgage relief services. Look for reviews, and ensure they are accredited by reputable organizations.
• Consult Professionals: Seek advice from trusted financial advisors or legal professionals before making any decisions or providing personal information.

What to Do If You Suspect a Mortgage Relief Scam:

• Do Not Engage: Avoid interacting with or providing personal information to suspicious contacts.
• Report Suspicious Activity: Contact us immediately if you have concerns about mortgage relief offers. We can help you verify their legitimacy and take appropriate action.
• Notify Authorities: If you believe you’ve been scammed, report the incident to local law enforcement and the Federal Trade Commission (FTC).
• Monitor Your Accounts: Regularly check your financial statements and credit reports for any unusual activity, and report any discrepancies immediately.

For more information, visit:  https://consumer.ftc.gov/articles/mortgage-relief-scams

Your safety is our priority. If you have any questions or need assistance, please reach out to us. We are here to support you.

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