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7 Simple Techniques For We Buy Houses In Cincinnati & Northern Kentucky For Cash
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We Buy Houses Pittsburgh-PA - Fifth Avenue Property Group Things To Know Before You Get This
HARRISBURG (KDKA) The state Lawyer General is cautioning customers of a brand-new fraud flowing. Chief Law Officer Josh Shapiro is alerting all Pennsylvania citizens to be cognitive of a new scam that states "We Purchase Residences." Shapiro says the signs that can be seen on street corners are often a fraud aiming to take benefit of people suffering from debt, job loss or other substantial life changes.
"Signs offering to buy homes for cash are increasing weekly on hectic street corners, however these type of deals are typically scams that leave homeowners in even worse financial shape than they were in the past. These fraudsters are attempting to make use of Pennsylvanians in vulnerable monetary situations, and my Bureau of Customer Defense isn't buying it." Companies behind the street indications will frequently make an offer to purchase the clients house for less than what it is really worth.
The purchaser may guarantee get away from foreclosure but will take the deed without paying off the mortgage balance, leaving the client strapped with month-to-month payments and subject to foreclosure. Another scam will entice in clients with guarantees to purchase the home "as-is," but will in some cases back out last minute requiring certain repair work being made, leaving the customer to foot the bill.
More About Opinion: 'We buy houses' scams targeted by proposed Philly law
Attorney General Shapiro likewise suggests seeking property legal guidance when it comes to "Cash for House" property offers. Try This who thinks they are a victim of a "We Purchase Houses" fraud is encouraged to file a complaint with the Attorney general of the United States's Bureau of Customer Protection by calling or by visiting their website.
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