Marketplace Money reminds you to watch out for “rescue scams” and “phantom counseling” when you’re at risk of foreclosure. [Marketplace]
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What a perfect idea! People that are in trouble because they can’t read the fine print, will get in even more trouble, because they can’t read the fine print!
I was listening to NPR this morning, and they had a story about some houses in relatively nice areas of Detroit (I know, oxymoron!) that were selling for $1,000-$10,000. For houses! Made of bricks and stuff!
Wow.