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HARRISBURG (KDKA) The state Chief law officer is alerting customers of a brand-new rip-off flowing. Chief Law Officer Josh Shapiro is cautioning all Pennsylvania locals to be cognitive of a new fraud that specifies "We Purchase Houses." Shapiro states the indications that can be seen on street corners are often a fraud aiming to benefit from individuals struggling with debt, job loss or other considerable life modifications.

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"Indications using to purchase houses for cash are multiplying weekly on busy street corners, but these type of transactions are frequently scams that leave house owners in even worse monetary shape than they were before. These scammers are attempting to make use of Pennsylvanians in susceptible monetary scenarios, and my Bureau of Consumer Defense isn't buying it." Organizations behind the street signs will often make an offer to purchase the clients house for less than what it is in fact worth.

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The purchaser might assure escape from foreclosure however will take the deed without settling the mortgage balance, leaving the consumer strapped with regular monthly payments and subject to foreclosure. Another scam will lure in customers with pledges to buy the house "as-is," however will often back out last minute demanding particular repairs being made, leaving the consumer to pay the bill.

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Chief law officer Shapiro also advises looking for real estate legal suggestions when it comes to "Money for Home" realty deals. Anyone who believes they are a victim of a "We Buy Houses" fraud is motivated to submit a complaint with the Chief law officer's Bureau of Consumer Protection by calling or by visiting their website.

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