Your Signature is Your Acknowledgement
You’ve heard it time and again: Never sign legally binding statements unless you fully understand them as you may be suceptable to mortgage fraud
This means that you:
- Know the consequences of signing.
- Know that the document is whole and complete.
- Trust those final papers and oral or written promises made before the deal match up.
For example, you could be open to foreclosure
or criminal charges if you knowingly falsify statements of personal assets or employment in the belief that a document will be held confidential.
Unless you are very experienced in the type of real estate transaction you wish to make, you should always hire a real estate attorney to review these facets before providing any signature.
f you have been a victim of mortgage fraud
and are facing criminal charges, or are in danger of losing your home due to fraud, complete our short questionnaire for a list of experienced real estate attorneys
in your area.