logo
Logo



Home
About Us
Services
Important Information
Success Stories
Contact Us

Late Breaking News!
The Massachusetts Attorney General Martha Coakley has just enacted an emergency ban on foreclosure rescue schemes effective for 90 days from June 1, 2007 and likely to continue beyond. It is the State's attempt to stop the unethical (and now illegal) practices that take advantage of people, which are briefly described below.
This is a link to a brief overview of the ban.
This links to a more in depth discussion from the Attorney General's website.
This describes exactly the practices we warn people about. If you are facing a foreclosure please contact us right away so we can show you how you are affected by this ban.


Due to the recent surge of foreclosure activity across the state, Blackstone Valley Home Solutions has noticed a sharp rise in dishonest real estate "professionals" who have been taking advantage of a troubling situation. While there are honest hardworking professionals out there, it is often very difficult to distinguish them from the flood of scam artists looking to make a quick buck. In response to this, Blackstone Valley Home Solutions would like to offer you the following foreclosure warning so that you can better understand how these people operate.


Foreclosure Warning:

You have probably been approached, or soon will be, by some of the following people.
We would like you to consider the following synopses:

 “Real Estate Salespeople & Brokers” – These people are especially interested in getting a listing. They are not concerned about you or your circumstances. They will benefit from your misfortune and get what they want most – a commission. That is, of course, if your house does indeed get sold. Brokers work on the numbers. If your house sells before the auction they win a commission; if not, they have plenty of other listings. In short, they don’t care about you or your circumstances. They don’t care if your house sells or not. They will tell you what you want to hear, such as “should sell fast” and “will sell high enough to put money in your pocket.” They may sell it, but they don’t have the expert knowledge that Blackstone Valley Home Solutions Counselors have to sell your house.

“Attorneys” – These professionals are quick to advise a course of action that may not be in your best interest, namely bankruptcy. Whether it helps you or not, they will get paid and, once again, your circumstance afterward is not their concern.

 “Mortgage brokers” – These people almost always advise you to refinance for relief; however, it will be at a higher rate of interest and eventually you will actually be worse off. Most of the time there is no hope in helping you since your credit has already been “HIT” with late payments, but they will say that it doesn’t matter and it won’t cost you anything unless you actually get the loan. The problem is that very few of these loans will be approved, the foreclosure process marches forward, and you are hanging by a thread in the hope to get the refinance and not lose the property. In most cases you will either lose now to foreclosure or catch up payments when you get the loan, but then immediately fall behind again and be in the same predicament.

So-Called “Real Estate Investors” – The majority of these people are looking for a good deal for themselves and do not consider your options. They only care about themselves and what is in it for them. Beware: some will lend you money to “fix” the symptom of you problem, but then they will be the ones foreclosing on you.  Yes, they tell you what you want to hear, then they take advantage of you.

Although the majority of the above practitioners are not operating in your best interest, some are actually professional and would be a very wise choice for your situation. The problem then is determining which are legitimate and which are not.

At Blackstone Valley Home Solutions, our main role is to offer financial consultation as to the best course of action for your situation. If any of the above services becomes necessary, we can offer all of these through our affiliates. They will act in a professional manner on your behalf with your particular situation in mind.

We truly can help to resolve your situation in the best and fastest way possible.

DON’T MAKE A MAJOR MISTAKE! Contact Us Today.


Copyright © 2007 Blackstone Valley Home Solutions