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.
In order to find legitimate help- The BBB says communicating with your lender is the most important thing you can do.
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.
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