Foreclosure Rescue Leaves Former Homeowner On The Hook For Unpaid Mortgage

In Johnston County, North Carolina, MyNC.com reports on the experience of a local homeowner facing foreclosure with a local foreclosure rescue operator:

• Karen Harms lives in Johnston County. She lost a job months ago, and got behind on her house payments. [...] Then, one day, she got a post card in the mail. The company offered to buy her house, and take care of the debt, so she took them up on their offer.

• She moved out, and hoped to begin a new chapter on her life, but Harms' decision to do business with Four Oaks-based Sunshine Properties began a new set of worries. "Come to find out, [the house] was [still] in my name," she said. "The insurance is in my name, and someone else lives in the house."

For more, see Housing Scams Target Foreclosure Victims.