Fraud Alert: First there were inflated appraisals, fake buyers, and escrow fraud as the market was screaming hot in real estate bubble times. Most fraud was directed at financial institutions.

Times have changed and so have the fraudsters. They have turned to owners who are in trouble financially with mortgages. You must be aware of loan modification and foreclosure scams that are running rampant throughout the counrty.

The California Department of Real Estate has put out an information document that can be found HERE that explains seventeen items (starting on page 5)  to look out for concerning Loan Modifications offers that may be fraudulent.