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HARRISBURG (KDKA) The state Attorney General is alerting consumers of a new scam distributing. Attorney General Of The United States Josh Shapiro is cautioning all Pennsylvania homeowners to be cognitive of a new scam that states "We Buy Homes." Shapiro says the signs that can be seen on street corners are frequently a rip-off aiming to make the most of individuals suffering from financial obligation, task loss or other substantial life changes.

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"Indications using to buy homes for cash are multiplying weekly on busy street corners, but these kinds of transactions are frequently scams that leave property owners in even worse monetary shape than they were in the past. These scammers are trying to make use of Pennsylvanians in vulnerable financial scenarios, and my Bureau of Consumer Security isn't buying it." Services behind the street signs will often make a deal to buy the customers home for less than what it is actually worth.

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The purchaser may promise get away from foreclosure but will take the deed without settling the home mortgage balance, leaving the consumer strapped with month-to-month payments and based on foreclosure. Another rip-off will draw in consumers with promises to purchase the house "as-is," but will in some cases back out last minute requiring particular repairs being made, leaving the customer to foot the bill.

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Attorney general of the United States Shapiro likewise recommends looking for real estate legal guidance when it concerns "Cash for House" property deals. Anybody who believes they are a victim of a "We Purchase Homes" scam is motivated to submit a problem with the Chief law officer's Bureau of Customer Defense by calling or by visiting their website.

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