All About We Buy Houses - Vermont's #1 Local Home Buyer

HARRISBURG (KDKA) The state Chief law officer is cautioning consumers of a new scam circulating. Chief Law Officer Josh Shapiro is warning all Pennsylvania locals to be cognitive of a new fraud that states "We Buy Houses." Shapiro states the indications that can be seen on street corners are typically a fraud looking to take advantage of individuals experiencing financial obligation, job loss or other considerable life modifications.

What's With All Those Shady 'We Buy Houses' Signs?

"Indications offering to purchase homes for money are increasing weekly on busy street corners, but these type of deals are often scams that leave house 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 Protection isn't buying it." Organizations behind the street indications will often make an offer to buy the consumers home for less than what it is really worth.

What's Up With Those Handmade 'We Buy Houses' Signs Around Austin? - KUT  Radio, Austin's NPR Station

The buyer may assure escape from foreclosure but will take the deed without settling the home mortgage balance, leaving the client strapped with month-to-month payments and based on foreclosure. Another fraud will entice in customers with guarantees to purchase the house "as-is," but will sometimes back out last minute requiring particular repair work being made, leaving the consumer to foot the expense.

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Attorney General Shapiro likewise suggests looking for realty legal guidance when it concerns "Cash for House" realty offers. Anybody who believes they are a victim of a "We Buy Homes" fraud is encouraged to submit a complaint with the Chief law officer's Bureau of Consumer Security by calling or by visiting their site.

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