Unmanageable debt is a difficult thing to deal with psychologically. Even if you are not exactly grasping at straws, you might be more open to potential opportunities than usual.
While this could be a good state of mind, it could also put you at risk when it comes to common foreclosure scams. Taking some time to think could save your house.
Beware of things that sound too good to be true
One of the classic signs of a scam is that someone is offering you a completely effective solution. Even ideal foreclosure defense options have some element of uncertainty.
Foreclosure defense also often takes significant work. There are just many parties involved and many variables. Watch out for promises of very cheap or instant resolutions.
Check credentials and reputation
You might also be able to avoid scams by looking into every potential opportunity. There are reliable resources to help you check through something that you suspect might be a scam.
Most of the time, the guidance is to perform your own research. For example, if someone contacts you claiming to be able to help, you might want to look for other professionals and solicit some free consultations from them as well.
Take time to think about the future
Foreclosure is scary, and it feels like you have to take any opportunity you can get. In fact, it might end up being easier to keep your house if you take the time to be skeptical and shop around.
You could think about it as doing financial repairs on your home. You would probably check out multiple options if you were hiring someone to fix your roof or install central air. You would probably be skeptical of extremely low estimates. The same general mindset could help as you fight foreclosure.
