Today Show real estate expert Barbara Corcoran explains the top foreclosure scams and how to avoid them. Forward this video to anyone you know who is struggling with mortgage payments.

One of the major scams to look out for is companies that ask for money up-front – legitimate organizations will never ask for this. Run the other way if someone offers to help you save your house but wants you to pay them first. They’ll end up taking your money and will fail to deliver results.

Secondly, don’t fall for companies that give themselves familiar names that appear to be a government agency. They are designed to be misleading. To find a HUD approved counselor visit www.MakingHomeAffordable.gov.