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HARRISBURG (KDKA) The state Chief law officer is cautioning customers of a brand-new fraud circulating. Chief Law Officer Josh Shapiro is cautioning all Pennsylvania citizens to be cognitive of a brand-new rip-off that specifies "We Purchase Residences." Shapiro states the signs that can be seen on street corners are frequently a rip-off aiming to benefit from individuals struggling with financial obligation, job loss or other considerable life modifications.
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"Indications offering to purchase homes for cash are multiplying weekly on hectic street corners, however these type of deals are typically scams that leave homeowners in even worse monetary shape than they were in the past. These fraudsters are trying to make use of Pennsylvanians in vulnerable monetary situations, and my Bureau of Consumer Defense isn't purchasing it." Businesses behind the street signs will frequently make a deal to purchase the clients home for less than what it is in fact worth.
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The buyer may promise leave from foreclosure but will take the deed without settling the mortgage balance, leaving the consumer strapped with month-to-month payments and subject to foreclosure. Another fraud will tempt in consumers with pledges to purchase the house "as-is," but will often back out last minute demanding certain repairs being made, leaving the consumer to bear the cost.
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Attorney general of the United States Shapiro also suggests looking for property legal recommendations when it concerns "Money for House" realty deals. Anyone who believes they are a victim of a "We Buy Residences" scam is motivated to file a complaint with the Chief law officer's Bureau of Customer Protection by calling or by visiting their website.
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