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HARRISBURG (KDKA) The state Chief law officer is cautioning customers of a brand-new scam circulating. Attorney General Josh Shapiro is cautioning all Pennsylvania residents to be cognitive of a brand-new rip-off that mentions "We Purchase Houses." Shapiro says the signs that can be seen on street corners are typically a fraud seeking to take advantage of individuals struggling with financial obligation, job loss or other significant life changes.
"Indications offering to buy houses for money are multiplying weekly on hectic street corners, however these kinds of transactions are often rip-offs that leave property owners in even worse financial shape than they were previously. These fraudsters are trying to make use of Pennsylvanians in vulnerable financial scenarios, and my Bureau of Customer Security isn't purchasing it." Companies behind the street indications will typically make an offer to buy the consumers home for less than what it is actually worth.
The purchaser may promise leave from foreclosure but will take the deed without paying off the mortgage balance, leaving the customer strapped with regular monthly payments and based on foreclosure. Another rip-off will tempt in customers with pledges to acquire the home "as-is," but will in some cases back out last minute demanding specific repairs being made, leaving the consumer to bear the expense.
Attorney General Shapiro likewise suggests looking for realty legal suggestions when it pertains to "Cash for Home" realty offers. Anyone who thinks they are a victim of a "We Buy Houses" rip-off is encouraged to submit a grievance with the Attorney general of the United States's Bureau of Consumer Protection by calling or by visiting their website.
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