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Real Estate - Foreclosure Horror Stories - Lesson Learn If you are a property owner and is going through a foreclosure, or you've been through one, we like to know. Share your experience with us.

   

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  #1  
Old 04-07-08, 05:10 AM
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Foreclosure Prevention Counselor

Be Alert

Here is a Job Listing That Caught Our Eyes.
:::Foreclosure Prevention Counselor:::

The job listing, description and posting are LEGIT. At this point there is no way to determine if this is hoax or scam.

What Caught Our Eyes:
  1. All Jobs Are Listed In California - Los Angeles
  2. Multiple Location
Foreclosure Prevention Counselor
Riverside, CA

Foreclosure Prevention Counselors. As a foreclosure... or alternatives to foreclosure. The purpose of loss mitigation is to essentially prevent foreclosure on...
From TheJobPlanet.com - 8:40 AM - save job, email, block, more...

Foreclosure Prevention Counselor
Long Beach, CA

Foreclosure Prevention Counselors. As a foreclosure... or alternatives to foreclosure. The purpose of loss mitigation is to essentially prevent foreclosure on...
From TheJobPlanet.com - 8:40 AM - save job, email, block, more...

Foreclosure Prevention Counselor
Santa Ana, CA

Foreclosure Prevention Counselors. As a foreclosure... or alternatives to foreclosure. The purpose of loss mitigation is to essentially prevent foreclosure on...
From TheJobPlanet.com - 8:39 AM - save job, email, block, more...

Foreclosure Prevention Counselor
Los Angeles, CA

Foreclosure Prevention Counselors. As a foreclosure... or alternatives to foreclosure. The purpose of loss mitigation is to essentially prevent foreclosure on...
From TheJobPlanet.com - 8:40 AM - save job, email, block, more...

Foreclosure Prevention Counselor
Orange, CA

Foreclosure Prevention Counselors. As a foreclosure... or alternatives to foreclosure. The purpose of loss mitigation is to essentially prevent foreclosure on...
From TheJobPlanet.com - 8:40 AM - save job, email, block, more...

Foreclosure Prevention Counselor
Anaheim, CA

Foreclosure Prevention Counselors. As a foreclosure... or alternatives to foreclosure. The purpose of loss mitigation is to essentially prevent foreclosure on...
From TheJobPlanet.com - 8:40 AM - save job, email, block, more...

Foreclosure Prevention Counselor
San Jose, CA

Foreclosure Prevention Counselors. As a foreclosure... or alternatives to foreclosure. The purpose of loss mitigation is to essentially prevent foreclosure on...
From TheJobPlanet.com - 8:40 AM - save job, email, block, more...

Foreclosure Prevention Counselor
Fremont, CA

Foreclosure Prevention Counselors. As a foreclosure... or alternatives to foreclosure. The purpose of loss mitigation is to essentially prevent foreclosure on...
From TheJobPlanet.com - 8:40 AM - save job, email, block, more...

Foreclosure Prevention Counselor
San Francisco, CA

Foreclosure Prevention Counselors. As a foreclosure... or alternatives to foreclosure. The purpose of loss mitigation is to essentially prevent foreclosure on...
From TheJobPlanet.com - 8:40 AM - save job, email, block, more...

Foreclosure Prevention Counselor
San Diego, CA

Foreclosure Prevention Counselors. As a foreclosure... or alternatives to foreclosure. The purpose of loss mitigation is to essentially prevent foreclosure on...
From TheJobPlanet.com - 8:40 AM - save job, email, block, more...

Foreclosure Prevention Counselor
Sacramento, CA

Foreclosure Prevention Counselors. As a foreclosure... or alternatives to foreclosure. The purpose of loss mitigation is to essentially prevent foreclosure on...
From TheJobPlanet.com - 8:40 AM - save job, email, block, more...

Foreclosure Prevention Counselor
Oakland, CA
Foreclosure Preve
ntion Counselors. As a foreclosure... or alternatives to foreclosure. The purpose of loss mitigation is to essentially prevent foreclosure on...
From TheJobPlanet.com - 8:40 AM - save job, email, block, more...

Foreclosure Prevention Counselor
Fresno, CA

Foreclosure Prevention Counselors. As a foreclosure... or alternatives to foreclosure. The purpose of loss mitigation is to essentially prevent foreclosure on...
From TheJobPlanet.com - 8:40 AM - save job, email, block, more...

Foreclosure Prevention Counselor
Bakersfield, CA

Foreclosure Prevention Counselors. As a foreclosure... or alternatives to foreclosure. The purpose of loss mitigation is to essentially prevent foreclosure on...
From TheJobPlanet.com - 8:40 AM - save job, email, block, more...

View jobs: since yesterday - for last 7 days - all jobs
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  #2  
Old 04-07-08, 05:15 AM
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Foreclosure Prevention Counselor

Please Send Us Information Regarding the Job
ScamFraudAlert to careers

show details 2:13 AM (0 minutes ago)
from ScamFraudAlert <scamfraudalert@gmail.com>
to careers@solutions2foreclosure.com,
date Mon, Apr 7, 2008 at 2:13 AM
subject Please Send Us Information Regarding the Job
mailed-by gmail.com

hide details 2:13 AM (0 minutes ago)

We are interested in the job posted and would like to get more information. Please tell us how you work and who you are associated with.


Thanks
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Admin
ScamFraudAlert.com
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  #3  
Old 04-07-08, 05:17 AM
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Re: Foreclosure Prevention Counselor

Sherry Davidson to me

show details 1:12 AM (1 hour ago)
from Sherry Davidson careers@solutions2foreclosure.com
to scamfraudalert@gmail.com,
date Mon, Apr 7, 2008 at 1:12 AM
subject Re: Please Send Us Information Regarding the Job
mailed-by smtp2.homesteadmail.com

hide details 1:12 AM (1 hour ago)

Your request for Information has been received and is currently being review. Thank you
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  #4  
Old 04-08-08, 09:30 AM
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Foreclosure Prevention Counselor

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  #5  
Old 04-08-08, 03:12 PM
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SEC Clamps Down on Real Estate Scammers

SEC Clamps Down on Real Estate Scammers

The Commission has frozen the assets of three men and their company
and one has been arrested as a result of its charges that they ripped off investors.

By Aaron Seward

A federal judge in Utah has sided with the SEC and issued a temporary restraining order and an asset freeze against the perpetrators of an alleged real estate scam.

According to the Commission’s complaint, Madison Real Estate Group, Richard Higgins, his son Brandon Higgins, and Allan Christensen illegally raised $15 million from 42 investors through fraudulent real estate investment interests. The Court also appointed a receiver to take control of their frozen assets.
The Commission said the trio and their firm sold limited partnership interests in apartment buildings that Madison purchased in Oklahoma and Texas. But in doing so, they made a slew of misrepresentations to investors about the nature of their business.

In phone sales pitches the SEC claims they told prospective investors that Madison Real Estate Group was a family-owned business with 30 years of experience in commercial real estate. They also allegedly said that the company pulled in $250,000 a month. The SEC said that both assertions were bald-faced lies.

The defendants also allegedly told investors that they would receive 1% monthly returns from their investments. Purchasing apartment buildings at below-market values, renovating them, and then selling them for a profit would provide the profit, they claimed. Once the apartment buildings were sold, within one to two years, the defendants promised investors 30% returns, according to the SEC.

The complaint claims the apartment buildings purchased by Madison were actually bought at above-market value and that the returns paid to investors were made from newly invested funds, in classic Ponzi-scheme fashion.
The SEC also claims that the defendants failed to disclose certain material facts about the investments. For example, the regulator said that defendants failed to mention that Madison wasn’t making mortgage payments on its investment properties and that the company wasn’t paying contractors for renovations and materials. The unpaid contractor fees allegedly amounted to hundreds of thousands of dollars.

The buildings also operated at a loss as Higgins and Christensen received undisclosed management and referral fees plus commissions, according to the regulator. The defendants also allegedly used investor money to cover their personal expenses. The SEC said that the defendants didn’t tell investors about any of this.

Finally, the SEC said that the three men failed to disclose that Higgins had been enjoined in a prior Commission enforcement action, and moreover had been convicted in an action by the State of Utah for securities fraud. Higgins had been also disbarred by the State of Utah.
The SEC’s previous case against Higgins, filed in 1999, involved a prime bank scheme, in which Higgins and several associates sold unregistered financial instruments issued by international banks and promised high rates of returns. They lied extensively to investors in that case, as in the Madison scam, said the SEC. Among the lies Higgins and his associates told investors was that their money would be insured by Lloyds of London. That scheme raised $15 million, said the SEC.

After the filing of the SEC’s current complaint, authorities arrested Higgins for violating the injunctions placed upon him in the previous fraud cases.

CCH Wall Street
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  #6  
Old 04-09-08, 05:32 AM
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Foreclosure Prevention Counselor - Solutions2Foreclosure.com

Foreclosure Prevention Counselor
Posted by: Solutions2Foreclosure.com
Posted date: Apr-05-2008

Location: Anaheim, CA

Have you ever thought of quitting your typical nine-to-five job to take on something more independent? Set your own schedule and workload while helping others find solutions to their mortgage and financial troubles.
We are a unique financial service provider, providing much needed financial consultative services directly to homeowners in jeopardy of losing their homes.

We are looking to hire Foreclosure Prevention Counselors. As a foreclosure prevention counselor, you obtain and analyze financial and collateral information to determine borrower’s available means to mitigate losses and or alternatives to foreclosure. The purpose of loss mitigation is to essentially prevent foreclosure on homes. Each year thousands of families face the possibility of losing their homes due to various financial problems. In order to stop foreclosure, many seek the guidance of a counselor who specializes in loss mitigation. The loss mitigation counselor assesses each case to determine what can be done to preserve the homeowner's financial standing, and possibility let him keep his home. For a person interested in humanitarian work, becoming such a counselor provides the ability to help others while making an honest living.
The timing is perfect for this opportunity as this is the worse Foreclosure Crisis we have seen in the history of our county!

Who we are…
We are a Loss Mitigation Agency who has served and helped thousands of homeowners with financial solutions to prevent home foreclosure. Our counselors are highly trained and experienced to handle all housing and mortgage issues. Our education is ongoing as we continue to receive training from federal agencies as well as independent, non-partisan advocacy organizations. All of our counselors are very knowledgeable of the most recent foreclosure data, codes, and legislation in your area.

What we do…
We help distressed homeowners save their homes from foreclosure by providing work-out plans with their mortgage companies. We can help many homeowners facing the loss of their homes today!

Compensation is commission based.
Our Specialists easily assist 2 to 4 new clients a day. No Territory restrictions; can assist homeowners nationwide. The position allows for lucrative, full-time or part-time, long-term, stable, legitimate employment.

If you are you seeking opportunities to enhance your current earnings, this position can be performed with or without necessarily exiting your existing profession as the service can be performed on a part-time basis.
Education And/Or Experience…
High school diploma or general education degree (GED), previous sales experience is a plus, but not required.

Please submit resume to: careers@solutions2foreclosure.com


Job Title Foreclosure Prevention Counselor
Post Details
Posted By www.Solutions2Foreclosure.com
Position Foreclosure Counselor
Start Date
Salary Comm
Phone
City, ST Anaheim, CA
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Last edited by Scrub; 04-09-08 at 05:33 AM.
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