Denver, CO (PRWEB) November 22, 2013
HomeValue.us.org is about to launch a guide to help people avoid the pitfalls that can lead them to getting ripped off when buying a mortgage, the company said yesterday.
“Many people think that when it comes to real estate, buying the property itself is the only time they have to worry about being ripped off,” a HomeValue.us.org spokesman said. “But, honestly, far more people get ripped off during the mortgage process. We'd like to help our customers avoid that kind of situation.”
One of the ways that people can get ripped off during the mortgage process is if they think they are getting a great interest rate, only to see the rate rise considerably several months down the line, he said.
“The problem is that the average consumer has no idea how mortgages work,” the HomeValue.us.org spokesman said. “This makes it easy for them to get ripped off. But with just a little basic knowledge, people can avoid that situation.”
HomeValue.us.org is uploading the report to the members area of their blog. Later it will be sent out through their social media channels and blog, he said.
“We've talked to people who have worked in the mortgage industry for years in order to get this report together,” he said. “We've heard too many horror stories about people getting ripped off in the mortgage market, and we want to put a stop to that.”
HomeValue.us.org is a public records database that specializes in providing home and property reports to consumers in the United States. Find out information such as the market value, residential foreclosures, neighborhood amenities, previous owners, and more. Visit HomeValue.us.org today to speak with a live representative, call 1-866-605-0312, or email Manager(at)HomeValue(dot)us(dot)org with any questions or concerns.