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How to Avoid Florida Foreclosure Scams

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Fort Lauderdale homeowners facing foreclosure should be aware of important court deadlines that can help them protect their legal rights. Be on guard against foreclosure rescue scams that promise to stop the foreclosure process for a fee.

No one can guarantee that you will be approved for a loan modification, or that you will be able to reverse the foreclosure process. Watch this FTC video for tips on avoiding foreclosure rescue scams.

Be cautious of mortgage foreclosure services that:

  • Make any guarantee
  • Ask for money upfront
  • Tell you to make your mortgage payment to them

If you are at risk of losing your home to foreclosure, there is action you can take. Contact Fort Lauderdale mortgage foreclosure attorney Marcy Resnik to discuss how you can defend your legal rights in a foreclosure. You can contact Ms. Resnik online or call her at 954-321-0176.

South Florida Men Sentenced in $9 Million Mortgage Fraud Scheme

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An elaborate mortgage fraud scheme ended with defendants Oscar Bravo, 58 of Port St. Lucie, Jorge Bravo, 57 of Miami, and Sean Dickens, 44, of West Melbourne, Florida being sentenced to thirty-seven (37) months in prison on charges of conspiracy to commit mail and wire fraud.

According to a press release issued by the U.S. Attorney’s Office for the Southern District of Florida, a co-conspirator located residential properties for sale. The defendants then purchased the properties, with a plan to flip them for a profit after some property enhancements. The properties were 100% lender financed. The price of the properties was falsely inflated in their mortgage applications with the difference between the actual price and the inflated mortgage loan used to make payments on the mortgage loan and to pay for repairs to the properties.

In total, this mortgage scheme involved approximately $9 million in fraudulent mortgage loans. Click on the link to read the full press release.

Contact Fort Lauderdale mortgage fraud attorney Howard N. Kahn, Esq., if you or someone you know has been the victim of commercial mortgage fraud. Mr. Kahn is an experienced mortgage fraud and litigation attorney. He works with commercial lenders or borrowers in cases involving mortgage fraud or other distressed properties. You can him at 954-321-0176 or online.

Beware of Timeshare Resale Fraud Scam

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Florida timeshare owners who get a telephone call promising the lure of a monetary refund in exchange for an upfront payment should be alert to fraud.

The Florida Department of Business and Professional Regulation recently issued a consumer advisory after learning that individuals posing as Department employees are allegedly targeting victims of timeshare scams. The callers are asking victims for cash to pursue refunds for the money they lost.

The Department has received at least three complaints from victims who have reported receiving calls from people claiming to be DBPR employees from the “Fraud Unit.”

The victims have already lost money as the result of potential timeshare resale fraud and the callers are asking for cash in order to obtain full repayment for the victims. The Department does not have a “Fraud Unit” and has confirmed that the phone calls are in no way connected with the Department or its regulatory authority.

If you receive a call from someone claiming to be a DBPR employee who is asking for money in order to receive a refund, do not give out any personal or financial information.

If the person calling claims to be a telemarketer, consumers may report the call to the Florida Department of Agriculture and Consumer Services at 1-800-HELP-FLA (1-800-435-7352) or at www.freshfromflorida.com.

A Public Service Announcement from the Fort Lauderdale Law Firm of
Kahn & Resnik, P.L.

The Florida lawyers at Kahn & Resnik, P.L. are available to service your legal needs.

Our concierge approach to the practice of law reflects our philosophy of personalized and confidential attention. When you retain an attorney at Kahn & Resnik, P.L., we work efficiently and effectively to help you achieve your business and personal objectives.

We can assist you in legal matters relating to commercial litigation, divorce, disability law, real estate litigation, securities litigation, and corporate transactions.

We serve business owners, professionals and individual clients across Florida, including Miami, Fort Lauderdale, Boca Raton, West Palm Beach, Naples, Orlando, Tampa, Daytona Beach, Jacksonville, Tallahassee, and other cities throughout the state. Contact Howard N. Kahn, Esq. at 954-321-0176 or online.