WZZM News (Grand Rapids, Mich.). 2010-11-03--excerpt, Read Before You Sign


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Moving Image
XDCam HD
Created: 2010

Content

WZZM News (Grand Rapids, Mich.). 2010-11-03--excerpt, Read Before You Sign
Summary: "In Michigan, with far too many homeowners facing foreclosure, many are looking for any help they can find to solve their financial problems.

"One realtor offers his assistance to struggling homeowners with promises to help them save their credit. Ultimately, the realtor fulfills the agreement that he signs with the homeowners, but it is not what the homeowners had expected.

"WZZM 13 News spent 13 months investigating the realtor and how he profits from both distressed homeowners and people looking for rental homes. While these real estate practices may not be illegal, the WZZM 13 investigation is a clear warning to distressed homeowners and potential renters about what they need to watch out for."--2010 Peabody Awards entry form.

Corporate Producers: WZZM-TV (Television station : Grand Rapids, Mich.)

Persons Appearing: Steve Patterson (Reporter)

Broadcast Date: 2010-11-03