CHARLOTTE, N.C. — Like the old saying goes, if it’s not one thing it’s another. Homeowners know the feeling all too well, dealing with repairs, property taxes and interest rate hikes.
Now, scammers are plotting with a home warranty scheme that sounds legitimate.
The Better Business Bureau says scammers have switched gears from car warranty schemes to home warranty schemes.
According to reports to the BBB, the bottom of some mailers read, “Not all consumers have previous coverage … We are not affiliated with your current mortgage.”
In some cases, mailers will have a $200 tear-away “voucher” at the bottom.
BBB President and CEO Tom Bartholomy says the most important thing to do in this case is read the fine print, and if you do have home warranty, contact your provider to see if they sent you the flyer.