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HARRISBURG (KDKA) The state Chief law officer is warning consumers of a brand-new scam flowing. Chief Law Officer Josh Shapiro is cautioning all Pennsylvania residents to be cognitive of a brand-new fraud that specifies "We Buy Residences." Shapiro states the indications that can be seen on street corners are frequently a rip-off aiming to take advantage of people struggling with financial obligation, task loss or other significant life changes.

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"Signs providing to purchase homes for cash are multiplying weekly on hectic street corners, however these kinds of transactions are frequently scams that leave property owners in even worse financial shape than they were previously. These scammers are attempting to make use of Pennsylvanians in vulnerable financial scenarios, and my Bureau of Customer Defense isn't buying it."  Keep Checking Back Here  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 buyer might assure get away from foreclosure however will take the deed without settling the mortgage balance, leaving the customer strapped with monthly payments and based on foreclosure. Another rip-off will tempt in clients with promises to acquire the home "as-is," however will often back out last minute requiring certain repairs being made, leaving the consumer to bear the expense.

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Chief law officer Shapiro also suggests seeking realty legal advice when it concerns "Cash for Home" property offers. Anybody who thinks they are a victim of a "We Buy Houses" fraud is motivated to file a problem with the Lawyer General's Bureau of Customer Security by calling or by visiting their website.

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