Beware the Bandwagon!

ag-wagon

First come the radio spots, then TV commercials, then infomercials – the first indication that a new industry has been born from a changing economy.  The housing crisis and woes faced by a plethora of borrowers about to lose their homes has begat the newest craze – Loan Modification Services.

Opportunity or Opportunistic?

We are now seeing a proliferation of firms that charge fees for what they promise will be quick results to negotiate with lenders to get affordable loan terms.  Unfortunately, some less-than-ethical folks see this crisis as a way to scam desperate homeowners with false promises of modifying loans.  In many cases, the firms take the homeowner’s money but never deliver the services promised.

Considering jumping onboard?

Read the rest of this post on AgentGenius

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