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HARRISBURG (KDKA) The state Attorney general of the United States is cautioning consumers of a brand-new fraud distributing. Home Buyer CA Of The United States Josh Shapiro is alerting all Pennsylvania residents to be cognitive of a new rip-off that specifies "We Buy Houses." Shapiro says the indications that can be seen on street corners are often a fraud looking to take benefit of individuals struggling with debt, task loss or other significant life modifications.

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"Indications using to buy houses for cash are multiplying weekly on hectic street corners, however these kinds of deals are often scams that leave property owners in even worse monetary shape than they were previously. These fraudsters are trying to exploit Pennsylvanians in susceptible monetary situations, and my Bureau of Consumer Defense isn't purchasing it." Services behind the street signs will often make a deal to buy the clients house for less than what it is really worth.

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The purchaser might promise escape from foreclosure but will take the deed without paying off the home loan balance, leaving the customer strapped with month-to-month payments and based on foreclosure. Another fraud will draw in clients with pledges to purchase the home "as-is," but will often back out last minute requiring certain repair work being made, leaving the consumer to bear the expense.

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Attorney general of the United States Shapiro also advises looking for genuine estate legal advice when it pertains to "Money for Home" real estate deals. Anyone who believes they are a victim of a "We Purchase Houses" scam is encouraged to submit a grievance with the Attorney general of the United States's Bureau of Consumer Protection by calling or by visiting their site.

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