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HARRISBURG (KDKA) The state Lawyer General is cautioning consumers of a new scam circulating. Attorney General Josh Shapiro is cautioning all Pennsylvania locals to be cognitive of a brand-new scam that states "We Purchase Residences." Shapiro states the indications that can be seen on street corners are frequently a fraud wanting to take benefit of people experiencing debt, task loss or other substantial life modifications.
"Signs providing to purchase houses for money are multiplying weekly on busy street corners, but these kinds of transactions are frequently frauds that leave house owners in even worse monetary shape than they were previously. These fraudsters are attempting to exploit Pennsylvanians in susceptible financial scenarios, and my Bureau of Consumer Protection isn't buying it." Businesses behind the street indications will frequently make an offer to purchase the consumers house for less than what it is in fact worth.
The purchaser might assure leave from foreclosure but will take the deed without paying off the mortgage balance, leaving the customer strapped with month-to-month payments and subject to foreclosure. Another fraud will lure in clients with guarantees to acquire the home "as-is," but will sometimes back out last minute requiring particular repairs being made, leaving the customer to bear the expense.
Chief law officer Shapiro also advises seeking real estate legal advice when it pertains to "Cash for House" realty offers. Anybody who believes they are a victim of a "We Purchase Houses" rip-off is encouraged to file a complaint with the Attorney general of the United States's Bureau of Consumer Defense by calling or by visiting their site.
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