Recognizing and Avoiding Real Estate Foreclosure Scams

Released on: October 20, 2007, 11:04 am

Press Release Author: David M. Bresnahan

Industry: Real Estate

Press Release Summary: A free report reveals the tactics and methods used by real
estate foreclosure con artists to trick desperate homeowners into giving up equity
in their homes.

Press Release Body: Alton, NH - Thousands of people are attending real estate
foreclosure seminars to learn how to take advantage of the record number of real
estate foreclosures and the desperate homeowners facing bankruptcy and financial
devastation.

Now there is a free report designed to help homeowners who are facing foreclosure by
exposing the con artists and their foreclosure scams.

Michael Callaghan of RockSolid Financial LLC offers a free report on his web site,
"Recognizing and Avoiding Foreclosure Scams," which is available as a free download
at http://www.AssistedRealEstateSolutions.com

"Believe it or not, you do have options other than selling your home at fire-sale
prices to scam artists. They know there are other ways to solve your problems, but
all they are interested in is to take the equity in your home and leave you with
nothing," said Callaghan.

How do people fall prey to such scams?

"How you respond to a crisis such as foreclosure often helps determine your
outcome," said Callaghan. "Some people respond with denial. They assume that if they
ignore the problem it'll go away on its own. Other people sit back and hope for a
miracle. Still others will get angry and look for someone to blame. But eventually
the crisis doesn't go away. It gets larger and closer as time goes by. Ultimately
the individual is faced with a problem that's suddenly too big to ignore any longer.
They become desperate. They become targets."

When a home begins the foreclosure process the homeowner begins to receive phone
calls and letters from dozens of so-called "foreclosure specialists." Callaghan says
there are three things that a foreclosure scam artist looks for in a potential
victim. The first is equity in the home. If there is no equity they will run the
other way.

The second thing they look for is desperation. Distraught homeowners who are in the
middle of a financial disaster are easily persuaded to do what the scam artist
wants. The third thing they look for is someone who is ignorant about the
foreclosure process and the options available.

"The dangerous ones are the ones who smile and offer to help. 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,"
said Callaghan.

His free report not only exposes the scams and how to avoid them, it gives
homeowners real solutions that work.

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.

Web Site: http://www.ThatPRGuy.com

Contact Details: Press Contact:
Michael Callaghan
888-537-6424

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

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