If you're looking for foreclosure prevention help, avoid any business that:
• guarantees to stop the foreclosure process - no matter what your circumstances are
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• 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.
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In order to find legitimate help- The BBB says communicating with your lender is the most important thing you can do.Â
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Michigan's Attorney General says you can call the Michigan State Housing Development Authority for free local assistance with foreclosure issues at 866-946-743.
Also, the Better Business Bureau also offers this number from the federal government: 1-888-995-HOPE.