Tuesday, September 23, 2008

Another Tale Of A Victim In A Foreclosure Rescue, Sale Leaseback Deal

In Seattle, Washington, The Seattle Times reports on the story of a local couple who got screwed over in a foreclosure rescue, sale leaseback transaction that ultimately resulted in their eviction when their lease payments became unaffordable.

For more, see State cracks down on foreclosure scams (Families facing foreclosure on their homes are at their most vulnerable. A new state law and heightened oversight by the Washington Attorney General's office should offer distressed homeowners greater protection against scammers).