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HARRISBURG (KDKA) The state Lawyer General is alerting customers of a new fraud distributing. Attorney General Of The United States Josh Shapiro is cautioning all Pennsylvania residents to be cognitive of a new scam that mentions "We Buy Residences." Shapiro states the signs that can be seen on street corners are typically a fraud aiming to take advantage of individuals experiencing debt, task loss or other substantial life changes.

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"Signs offering to purchase homes for money are multiplying weekly on hectic street corners, however these type of deals are often scams that leave property owners in even worse financial shape than they were before. These scammers are attempting to exploit Pennsylvanians in susceptible financial circumstances, and my Bureau of Consumer Defense isn't buying it." Businesses behind the street indications will frequently make a deal to purchase the clients house for less than what it is actually worth.

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The buyer may assure escape from foreclosure however will take the deed without paying off the mortgage balance, leaving the client strapped with month-to-month payments and subject to foreclosure. Another fraud will draw in clients with promises to acquire the home "as-is," but will in some cases back out last minute demanding particular repair work being made, leaving the customer to pay the bill.

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Attorney general of the United States Shapiro also suggests seeking realty legal recommendations when it concerns "Cash for House" property offers. Anybody who believes they are a victim of a "We Purchase Residences" rip-off is motivated to submit a problem with the Lawyer General's Bureau of Consumer Security by calling or by visiting their website.

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