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HARRISBURG (KDKA) The state Attorney General is alerting customers of a new scam distributing. Chief Law Officer Josh Shapiro is alerting all Pennsylvania residents to be cognitive of a brand-new scam that specifies "We Purchase Houses." Shapiro states the signs that can be seen on street corners are frequently a rip-off wanting to benefit from people suffering from financial obligation, task loss or other significant life modifications.

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"Signs using to buy houses for money are multiplying weekly on hectic street corners, but these sort 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 financial situations, and my Bureau of Customer Defense isn't buying it." Businesses behind the street signs will often make an offer to buy the customers home for less than what it is really worth.

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The purchaser might promise get away from foreclosure however will take the deed without settling the mortgage balance, leaving the consumer strapped with month-to-month payments and subject to foreclosure. Another rip-off will lure in clients with guarantees to buy the house "as-is," however will in some cases back out last minute demanding particular repairs being made, leaving the consumer to pay the bill.

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Chief law officer Shapiro also advises seeking genuine estate legal recommendations when it concerns "Cash for House" real estate deals. Anyone who believes they are a victim of a "We Buy Homes" scam is motivated to submit a grievance with the Lawyer General's Bureau of Customer Defense by calling or by visiting their site.

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