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HARRISBURG (KDKA) The state Chief law officer is cautioning consumers of a brand-new scam flowing. Attorney General Of The United States Josh Shapiro is alerting all Pennsylvania citizens to be cognitive of a brand-new fraud that mentions "We Purchase Residences." Shapiro says the indications that can be seen on street corners are often a scam wanting to take advantage of individuals struggling with financial obligation, job loss or other considerable life changes.
"Signs providing to purchase homes for money are multiplying weekly on busy street corners, but these kinds of deals are frequently scams that leave property owners in even worse monetary shape than they were previously. These scammers are attempting to exploit Pennsylvanians in susceptible financial circumstances, and my Bureau of Consumer Security isn't buying it." Services behind the street signs will often make an offer to purchase the customers home for less than what it is actually worth.
The purchaser may assure escape from foreclosure however will take the deed without settling the mortgage balance, leaving the customer strapped with regular monthly payments and subject to foreclosure. Another fraud will entice in clients with promises to buy the house "as-is," but will often back out last minute requiring specific repair work being made, leaving the consumer to bear the cost.
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Attorney general of the United States Shapiro also recommends seeking property legal suggestions when it comes to "Money for House" real estate deals. Anyone who thinks they are a victim of a "We Buy Homes" scam is motivated to file a complaint with the Chief law officer's Bureau of Customer Security by calling or by visiting their website.
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