Douglas Thayer, a convicted sex offender, is heading up this program that supposedly will save your home from foreclosure and reduce your mortgage to less than half of the tax appraised value. Don't believe it — this is a scam by Thayer and his cohorts. Thayer previously had an injunction filed against him by the State Attorney General in Texas to stop him from a different real estate scam there a few years ago.
Out of the Box Solutions, fairfight4yourhome.com, Secured Assets Group, LLC and Free and Clear Holding are all entities involved in this scam. They take $1500 up front, ask you to transfer your property into a land trust that will declare bankruptcy and force your lender to prove the lender owns your mortgage.in the meantime, you're supposed to pay them rent that will be applied to your new mortgage. IT IS BALONEY! They cannot legally do what they claim they can do. All you'll be doing is lining these criminals pockets.
Don't do it — stay away from this scam.
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