Tag: HELOC

Just this morning we received an inquiry from a seller who discovered an old home equity line of credit was still open from a bank that had since merged several times.The seller had no paperwork for such a loan or any recollection of taking...

The seller walked away with nearly $90,000, and the buyer was left holding the bag.One of the most common types of claims we’ve paid out is due to the HELOC scam. With pandemic delaying government services, now is an especially vulnerable...