foreclosure mail – what vultures send when you are losing your home

by debt kid on June 3, 2007

The last few weeks I’ve been bombarded with letters/postcards/fliers all offering to “help” me in my foreclosure situation. The sad part is that alot of people will get taken in by some of these sharks. I’m not saying all these are from scammers, but just reading the ad copy on some of them makes me cringe…

Some are outright hilarious, others so awful you wonder if the sender just might be losing their house next because there is no way anyone would respond. Some are sad, and some sport obvious and outright lies to get you to call them. But enough commentary, I’ll show my favorites in the post here and the rest after the jump (also here)…

Vulture Mail

This one is classic. The first line is the best…”We have selected you as a homeowner in need of financial assistance that we are ready to provide!” Wow.

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I love the opening line on this one as well…and the closer, “lets beat the bank together!”

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A “former” foreclosure vulture? This is one of THREE of the same letters I’ve received from this guy in the past month…..wow.

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The rest…

This one had one side in English, addressed to me, and the other side in Spanish. I was quite confused at first because I open the Spanish side first… Not sure who the Jared guy is…
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These ones to the glance look like they are from a governmental agency…yeah, right.
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My favorite line here is the “don’t swim with the sharks…”
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This one is another that gets me a bit. They try to make it look like the official notice of default that gets posted on your property.

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A nice handwritten one!

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Am I at my wits end….hmmm. Yes. I’ll call you right away since you said that!

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Hmm…I usually chew on food. I may be poor, but I’m not resorting to chewing on paper just quite yet, but thanks for the idea…

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Yay! It’s a fourth of july sale!

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I am aware now!

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{ 4 comments… read them below or add one }

The Landlord June 4, 2007 at 5:44 am

I’m furious that they put so much effort into deciving people. Those two that look like government documents ovbiously wouldn’t fool you or me, but it would fool a lot of people who had gotten themselves into dangerous mortgages to begin with.

It’s a good lesson for any aspiring real estate investors. If you want to get into foreclosures, THIS is your competition. There are a ton of players in the field and many use unethical means to make the bottom line. Despite what “gurus” will tell you, pre-foreclosures is extremely competetive and not for the un-prepared.

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debt kid June 4, 2007 at 4:17 pm

Yeah, I found the government look alike ones the most offensive as well.

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Lost Cause June 4, 2007 at 5:42 pm

My next to next door neighbor wanted to ‘help me’ with with an equity extraction leverage purchase, with a lease-back to me. Talk about a disgusting lack of moral compass! True story.

I think there are scams that market RE get rich quick in foreclosure. Not much actual chance of doing it, but an excellent scaminar topic, it seems.

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Rita Young October 13, 2007 at 10:35 am

I just want to comment on your website I love it your so funny and helpful I like some of ther letters. Keep up the good work.

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