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HARRISBURG (KDKA) The state Lawyer General is alerting consumers of a brand-new scam circulating. Chief Law Officer Josh Shapiro is warning all Pennsylvania homeowners to be cognitive of a brand-new rip-off that states "We Buy Residences." Shapiro says the signs that can be seen on street corners are frequently a fraud wanting to make the most of individuals suffering from financial obligation, task loss or other significant life modifications.

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"Signs providing to purchase houses for money are multiplying weekly on busy street corners, however these kinds of deals are frequently rip-offs 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 situations, and my Bureau of Consumer Defense isn't purchasing it."  Try This  behind the street indications will often make an offer to buy the customers house for less than what it is really worth.

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The buyer may promise leave from foreclosure however will take the deed without paying off the home mortgage balance, leaving the consumer strapped with regular monthly payments and subject to foreclosure. Another fraud will tempt in clients with guarantees to buy the home "as-is," however will sometimes back out last minute demanding certain repairs being made, leaving the customer to bear the expense.

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Chief law officer Shapiro likewise suggests looking for real estate legal guidance when it comes to "Cash for Home" property offers. Anybody who thinks they are a victim of a "We Purchase Houses" rip-off is motivated to submit a problem with the Attorney general of the United States's Bureau of Consumer Defense by calling or by visiting their site.

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