Budget & Finance > Home BuyingDecember 19, 2005

Fraudulent Home Foreclosure Site?

My niece paid for a subscription to a home foreclosure site. The homes listed were already sold, some as long as 12 months a go. The site gives you the address of the foreclosure and the name of the realtor handling it. We drove past the addresses and they were all occupied. We called the realtor and he told us that the houses had been sold and when. Is this fraud? If so, how can we get her money back and have this foreclosure site remove the sold listings?

Dolly from Central Illinois

Answers

Read answers for this post below.

By jILL (Guest Post) 12/21/2005

tHIS IS A COMMON COMPLAINT, THE FORECLOSURE LISTS ARE USELESS AND OUTDATED. tHE PEOPLE UNDER DURESS ALREADY ARE GETTING MANY CALLS FROM THOSE PEOPLE LIKE YOU WHO BOUGHT THE INFORMATION. tHEY ARE ANGRY AND DISTRESSED ALREADY. USE MORE CREATIVE SOURCES SUCH AS rEALTORS WHO SPECIALIZE IN FORECLOSURES, AND
BANK OWNED FORECLOSURES.

By
12/20/2005

Contact Better Business Bureau, they may be able to help.

By barb (Guest Post) 12/20/2005

I'm a real estate agent in the state of Texas. I don't know how your niece can get her money back from this website, but this is a good time to remind everyone that your best resource in searching for a home is an experienced real estate agent who has credentials to work as a Buyer's agent. Real estate agents can help you with all listings, including foreclosures and, in my market, the seller pays the agent's commission.

By Carol (Guest Post) 12/20/2005

Sounds like fraud to me. Contact your state's attorney general's office. You may also wish to contact your Congressman.

By
12/19/2005

Contact your state Attorney General or State's Attorney. Also, you could post the web address of the site as a warning to others who might fall prey to the same scam. We can also check into the site and see what we can find out.

Because they are doing business, the state or country where they are doing business might press charges against them. It may not be easy to get your nieces money back but you may be able to keep other people from falling for the same scam.
Susan from ThriftyFun

By
12/19/2005

Suggest you contact the local police dept. and the FBI.
This is fraud.

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