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HARRISBURG (KDKA) The state Chief law officer is alerting consumers of a new fraud flowing. Lawyer General Josh Shapiro is cautioning all Pennsylvania locals to be cognitive of a brand-new scam that specifies "We Purchase Homes." Shapiro states the indications that can be seen on street corners are typically a fraud wanting to benefit from individuals experiencing debt, task loss or other substantial life modifications.

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"Signs offering to purchase houses for money are increasing weekly on hectic street corners, however these sort of deals are often rip-offs that leave homeowners in even worse monetary shape than they were previously. These scammers are trying to exploit Pennsylvanians in susceptible monetary scenarios, and my Bureau of Customer Protection isn't purchasing it." Businesses behind the street indications will often make an offer to buy the clients house for less than what it is in fact worth.

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The buyer might promise leave from foreclosure but will take the deed without settling the home loan balance, leaving the client strapped with month-to-month payments and based on foreclosure. Another rip-off will lure in clients with guarantees to purchase the house "as-is," however will in some cases back out last minute demanding specific repairs being made, leaving the consumer to foot the costs.

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Attorney general of the United States Shapiro also suggests looking for realty legal guidance when it concerns "Cash for Home" genuine estate offers. Anybody who believes they are a victim of a "We Buy Homes" fraud is motivated to submit a grievance with the Lawyer General's Bureau of Consumer Defense by calling or by visiting their website.

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