NEW YORK – New York Attorney General Letitia James and Congressman Adriano Espaillat today issued a consumer alert warning New Yorkers about real estate scams targeting at the Dominican community after prosecutors in the Dominican Republic charged a businessman with scamming nearly 150 individuals in the Dominican Republic and United States – including approximately 24…
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Beware of Mortgage Scams
It's easy to be enthusiastic and excited about the prospect of home ownership, but it's important to be aware that there are many ways potential buyers can be taken advantage of. From courses for homeowners to companies trying to make a quick buck, there are many things to avoid. If you're on the market for…
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Avoiding Real Estate Scams!
If any part of a transaction seems to good to be true, you may be the victim of a real estate scam. There are many types of real estate scams. The Federal Trade Commission (FTC) warns consumers to beware of the many, increasingly sophisticated tactics criminals are using to swindle their victims. Loan modification scams…
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Saving Your Home from Foreclosure and Predators
By Erin Telesford The greatest financial crisis in the United States was the last recession which spanned from December 2007 to June 2009. During this time, unemployment rates were raised by about 6.1% resulting in a loss of consumer spending and business investments. Before the recession, many Americans bought houses using mortgages they couldn’t afford,…
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