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Before You Hire a Contractor

by Federal Trade Commission

contractor handshake

Once you’ve narrowed your options, get written estimates from several firms. Don’t automatically choose the lowest bidder. Ask for an explanation to see if there’s a reason for the difference in price. … Continue Reading

Finding a Contractor

by Federal Trade Commission

contractor

Adding a room, renovating a basement, or doing some much-needed repairs? Finding a good contractor is important — a home improvement project gone wrong can cost you. A good ad isn’t proof a contractor does quality work. Find out for yourself. … Continue Reading

Mortgage Brokers put Client Data at risk

by Robert Siciliano

door knocker

Your private information may not be safe with your own mortgage lender, even a small one, says cybersecurity firm HALOCK Security Labs. The leak may occur when data goes from applicant to lender. … Continue Reading

Mortgage Identity Theft

by ITRC

door knocker

Identity theft is a scary occurrence for any victim. Theft of your social security number or other personally identifying information is traumatizing. It is very disconcerting when identity theft victims discover that thieves have purchased electronics, clothing, or even cars using the stolen identity, but what if someone were to purchase an entire home in your name? … Continue Reading

A Grim Fairytale of Elder Abuse: The Straw Buyer and Reverse Mortgage Scam

by Robin Slade

Elder hand on wheelchair

Once upon a time a con named Don wanted to purchase a foreclosed, depressed property but was unable to obtain a mortgage. Don enlisted the help of a greedy son-of-a-b*&^% named Mitch to act as a “straw buyer.” They were able to secure a loan because Mitch fraudulently led the bank to believe the property would be used as his primary residence. … Continue Reading

More from our blog

ComputerVirus
Losing Control of Your Android Smartphone to Hackers

A few years ago, hackers in Eastern Europe came up with malware – malicious software – that was designed to self-install on computers and make them unusable. Computer users would see a screen that told them they would have to pay a ransom in order to have the use of their computer returned to them. … Continue Reading

Red triangular other dangers warning sign on white
Jamaican Lotto Scam Dupes US & Canadian Victims

Beware of calls from area code (876). The area code is used by scam artists claiming to be representatives of the Jamaican lottery.
Continue Reading

checkbook
The Talk: College and Money

It’s time for another honest talk with your college-age children. It won’t be a shock to them that you want to discuss money – unless you’ve failed to have a “junior” version of this conversation before they became teenagers. … Continue Reading

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