Foreclosure company?

Question:

I found a foreclosure company on line and have been talking to him about our situation and he seems a to be able to help us in our situation,he sounds sincere,but yesterday asked for moneyto be sent to his company for 2 different things that he needs to do.It is not a very large amount ( $200.00) but wondering if I should? Is that legitimate do you think? I know there are alot of honest companies around,but just wondering your opinion?I have heard if a company asks for money to be sent then not to deal with them??

Answer:
Don't give them ANY money until you have it in writting what the money is going for. It sounds fishy to me.

what is the money for? and how is he getting you out of foreclosure? Its usually by selling the property or refinancing right? Or loaning you the money to pay it off, sounds wierd. More info please...

You should have all of the details in written form before you send in ANY money at all. Foreclosure bailouts are tough deals to begin with, and you need to make sure you can afford the new payments, and that the terms and rate are acceptable. You need to ask what the money is for, it could be the appraisal, or something related to the loan, but you need to ask and be clear. Good Luck!!

Most lenders have their own in-house homeowner's assistance department, also known as loss mitigation. I would contact them instead of a private organization that claims they can help you save your house. Too many scams out there.

I would look them up in the better business bureau to see if there has ever been a complaint file against them. Though I could tell you that what they are asking for is about wright. If you find nothing on them I would go with the gut feeling.

Foreclosure company?

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