Comments on: Coming Soon: Mortgage Refunds Processing

By: Steve LaCroix

Steve LaCroix — Wed, 16 Nov 2011 23:34:10 +0000

Willie, don’t waste your time or money. This is a tired old scam. The only people making money of this scam are the ones selling the “how to” books and the lists of names! RUN FAST!!

By: Willie A. Henry

Willie A. Henry — Tue, 13 Sep 2011 17:01:11 +0000

I would like to start a home business as a 3rd Party Tracer Processing Mortgage Refunds. I am searching for a legit company that is willing to offer a 90 gurantee or they will refund me my money. They offer the training material and needed softward as well. Do you know of a company like this?

By: Trena

Trena — Sat, 18 Jun 2011 07:55:33 +0000

I recently signed up with My Smart Tools to do HUD/FHA refunds. I spent $3.91 to get the information on how to do it and $39.99 per month to get a list of people who had refunds coming. They said you have 15 days to try it for free but I found out it takes much longer than that to figure out what to do and to figure out if its going to work or not. I sent out 170 letters to people with refunds and called 40 people to follow-up. What I discovered is that Smart Tools tells you there are only 2 people in your area assigned to do this. There must be a lot more because the people with refunds are being inundated with letters. Also, I did not find one person who wanted help getting a refund. Why should they when they can go directly to HUD/FHA and get it on their own for free instead of paying you to help them. They make it sound like people can’t get these refunds on their own or its hard to but thats not true. I spent lots of money before I cancelled paying my monthly fee for this list and on postage, office supplies etc… and worked hard at this and did not make one single dime. My advice is DON’T DO THIS or like me you will be sorry.

By: doityourself

doityourself — Sat, 18 Dec 2010 04:39:36 +0000

Years ago I received a letter from a woman who stated that I had a refund due to me from a HUD loan. For a fee, she could get this for me. This letter was printed on plain white paper along with a plain white envelope with a hand written return address. I figured if she knew information about me than I could find out the same. I did and it didn’t cost me anything but completing a form, an envelope and a stamp.
I’m sure people who had no clue as to how to go about getting their money wouldn’t have a problem with paying someone to do it. My guess is, they are few and far between.

By: jess x

jess x — Tue, 17 Nov 2009 04:42:05 +0000

Yes, Processing mortagage refunds is true, while back i brought this program for 19.99 which i should have dung deep because all the imformation they give you explains it on line for free. You but a state you have to find these people and call or send a letter ,but its hard because a lot of people think you are scamming.If you are patient and have time on your hand this is a job for you. You don’t make money all that day it comes to you when the client sends every thing back. Any work from home job juST read and investigate ,you shouldn’t have to pay a fee to work.

By: bong

bong — Sat, 24 Jan 2009 00:54:49 +0000

I am interested in USANA PHILIPPINES.Is this a legitimate bussiness?

By: Broddy Q

Broddy Q — Thu, 15 Jan 2009 19:44:12 +0000

To get the funds for your service. you can either do this in 3 ways.

1. they can pay you the full amount up front for the service. (most won’t but some will)

2. they can pay half the amount for the service up front. and the other half once the check is received.

3. you can have the person due the refund sign a Power of attorney. in which the Actual check will be mailed to you (will still have the name of the refund receiptiant on the check) once the check is received. notify them that you will be sending their check certifed mail. with C.O.D.

hope this helps.

oh… also, this program is NOT a scam. You are offering a service for a fee.

The only Scam is the individuals selling information that is already free online.

By: Steve L - Bradenton, FL

Steve L - Bradenton, FL — Fri, 31 Oct 2008 20:41:54 +0000

Read about the refund tracer scam here:

http://www.hud.gov/offices/hsg/comp/refunds/alerts.cfm

This comes directly from HUD / FHA!

By: Steve L - Bradenton, FL

Steve L - Bradenton, FL — Fri, 31 Oct 2008 20:40:53 +0000

This HUD/FHA refund tracer thing is a SCAM. The only people making money from it are the ones like Matt Williams selling books and software, etc. DO NOT FALL FOR THIS CRAP!! You will NEVER make a dime doing this. GUARANTEED!! Been there done that!
NOTE: Hit the link above above and read the WARNING direct from HUD on this issue!

By: Jamil Smith

Jamil Smith — Mon, 29 Sep 2008 22:51:36 +0000

I am wondering the same question. If and when the check is sent to the claiment can it be cash my the claimant in order to recieve payment up front??