Home Refinancing Scam – Thieves Use Identity Theft to Steal Your EquityWritten by Charles Essmeier
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in essence, “I don’t want this property anymore.” The property can then be transferred to anyone thief chooses. Once transfer has taken place, thief applies for a home equity loan, takes money, and simply walks away. In an alternate scenario, thief simply sells house and pockets money. As most agencies involved in real estate transactions are quite busy these days, property transfers of this type can often be accomplished without drawing undue attention.
This is just one of many scams that have sprung up in recent years involving real estate. While authorities are certainly interested in catching thieves, such cases quickly become rather complicated and few police departments have necessary expertise required to deal with these cases, since they are fairly new. More often than not, homeowner has little recourse other than to sue mortgage company involved in transaction. The best defense against a possible identity theft/equity theft scam is to protect your identity carefully and to avoid giving anyone your Social Security number if you can possibly avoid it. Failing to do so could cost you your home.
©Copyright 2005 by Retro Marketing. Charles Essmeier is the owner of Retro Marketing, a firm devoted to informational Websites, including End-Your-Debt.com, a Website devoted to debt consolidation information and HomeEquityHelp.net, a site devoted to information on home equity loans.
| | Student Loans: The Life Preserver Of Our Education SystemWritten by Tucker R. VanZandt
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You don't have to pay back your loan as long as you are enrolled in classes at least half time. 6 months after you graduate is when you can expect to start having to pay back loan and you can set up a payment plan. Not all schools offer loan programs, so you'll have to do a bit of homework to see if yours offers such assistance. It's best to check this important fact out before deciding on which college to attend if money is an issue for you. Make sure to get your application in early also, to ensure that your assistance will get to you in time for tuition due date. 60-90 days before beginning of semester is recommended. There are a couple different types of student loan awards you can try to receive. A subsidized student loan means that you do have great financial need for assistance while an unsubsidized student loan means you do not have need for assistance. The student that has a subsidized student loan is not responsible for interest until they graduate and student with an unsubsidized loan is responsible at all times for interest. So, what are you waiting for? Apply for a student loan today and you'll be on your way to that college education you've always wanted for yourself!
Tucker R. VanZandt is founder of All About Loans an excellent resource site dedicated to information on loans
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