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HARRISBURG (KDKA) The state Attorney general of the United States is cautioning customers of a brand-new fraud distributing. Attorney General Of The United States Josh Shapiro is cautioning all Pennsylvania locals to be cognitive of a brand-new rip-off that specifies "We Buy Houses." Shapiro says the signs that can be seen on street corners are frequently a fraud looking to make the most of people experiencing debt, job loss or other substantial life modifications.

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"Indications providing to purchase homes for money are multiplying weekly on hectic street corners, but these type of deals are typically frauds that leave homeowners in even worse monetary shape than they were previously. These fraudsters are attempting to make use of Pennsylvanians in vulnerable monetary situations, and my Bureau of Customer Defense isn't buying it." Organizations behind the street signs will often make a deal to purchase the consumers home for less than what it is really worth.

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The purchaser may assure leave from foreclosure but will take the deed without settling the home mortgage balance, leaving the client strapped with regular monthly payments and based on foreclosure. Another rip-off will tempt in clients with guarantees to acquire the home "as-is," however will in some cases back out last minute requiring particular repairs being made, leaving the client to pay the bill.

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Attorney General Shapiro also recommends looking for property legal guidance when it comes to "Cash for Home" real estate offers. Anybody who believes they are a victim of a "We Buy Homes" rip-off is encouraged to file a problem with the Attorney General's Bureau of Customer Security by calling or by visiting their site.

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