IS BELLA HOMES, LLC MORTGAGE RESCUE A SCAM?

Question

I found this from the FTC web site on ways to tell if something is a scam:

Spotting a Scam

If you’re looking for foreclosure prevention help, avoid any business that:

    * guarantees to stop the foreclosure process – no matter what your circumstances are
    * instructs you not to contact your lender, lawyer or credit or housing counselor
    * collects a fee before providing any services accepts payment only by cashier’s check or wire transfer
    * encourages you to lease your home so you can buy it back over time
    * recommends that you make your mortgage payments directly to it, rather than your lender
    * urges you to transfer your property deed or title to it
    * offers to buy your house for cash at a fixed price that is inappropriate for the housing market
    * pressures you to sign papers you haven’t had a chance to read thoroughly or that you don’t understand.


Bella claims to do a lot of these things.

Slickterp · Accepted Answer

then it's a scam.  

#1 sign is wanting money up front.

? · Answer

international loan used to do this. they're now component to Wachovia and that i've got no longer been in song with each and all of the variations that could have taken place considering that I left them final October. you will possibly have mandatory approximately 25% down and the LLC might ought to have the income, credit and components to qualify purely as a individual might. Trusts are no longer that large a deal. The believe might purely must be reviewed by making use of the lender. even although, i think of you will possibly nevertheless be the guarantor if the valuables is vested contained in the believe for many creditors. different creditors will enable the valuables to be vested in a believe or an LLC, yet many times prefer you to be the guarantor of the internal maximum loan; no longer so with the international scenario. in case you have a relationship with a broking provider, ask them in the event that they're signed up with Wachovia. or you may bypass right this moment to Wachovia retail. Your application ideas will in all probability be constrained and those are no longer unavoidably business enterprise courses. a number of your close by banks can even have the ability to do something for you in the event that they portfolio loans. solid luck.

Kittysue · Answer

If you have proof they have done any of these things then you need to file a complaint with the FTC - they have a toll free number on their website

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IS BELLA HOMES, LLC MORTGAGE RESCUE A SCAM?

3 Answers