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HARRISBURG (KDKA) The state Lawyer General is warning consumers of a brand-new fraud circulating. Attorney General Of The United States Josh Shapiro is warning all Pennsylvania citizens to be cognitive of a brand-new rip-off that specifies "We Purchase Houses." Shapiro states the signs that can be seen on street corners are typically a fraud seeking to benefit from individuals struggling with debt, task loss or other considerable life changes.

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"Indications using to purchase homes for money are multiplying weekly on busy street corners, however these type of deals are typically frauds that leave property owners in even worse monetary shape than they were previously. These fraudsters are trying to make use of Pennsylvanians in vulnerable financial scenarios, and my Bureau of Customer Protection isn't purchasing it." Services behind the street signs will typically make an offer to purchase the clients home for less than what it is actually worth.

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The buyer may promise leave from foreclosure but will take the deed without paying off the home loan balance, leaving the consumer strapped with month-to-month payments and based on foreclosure. Another fraud will tempt in clients with guarantees to purchase the home "as-is," however will often back out last minute demanding particular repair work being made, leaving the client to pay the bill.

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Chief law officer Shapiro also recommends looking for realty legal recommendations when it concerns "Money for House" realty deals. Anybody who thinks they are a victim of a "We Purchase Houses" fraud is motivated to file a complaint with the Attorney general of the United States's Bureau of Consumer Security by calling or by visiting their site.

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