br00t4c, 9 months ago to random

▶ Scammed & Stranded: Uncovering HomeVestors' Exploitative Practices

#accountability #homevestors

https://www.youtube.com/watch?v=OLayRQzdVEg

ProPublica, 10 months ago to homeowners

Homeowners Trying to Get Out of “We Buy Ugly Houses” Deals Find Little Relief in State, Federal Laws

ProPublica found few jurisdictions have laws or regulations to protect #homeowners from aggressive #RealEstate tactics short of fraud or elder abuse.

#Houses #Homes #HomeVestors #Housing #HousingCrisis #WeBuyUglyHouses #News

https://www.propublica.org/article/state-federal-laws-do-little-protect-homeowners-we-buy-ugly-houses-deals?utm_medium=social&utm_source=mastodon&utm_campaign=mastodon-post

ProPublica, 10 months ago to news

How One Woman Narrowly Avoided a Bad Deal With a “We Buy Ugly Houses” Franchise

Royanne McNair believed she had canceled her contract with a “We Buy Ugly Houses” franchise, so she pursued another offer on her house — this one for $100,000 more.

Then an anonymous envelope froze the deal.

by @AnjeanetteDamon

#RealEstate #Homes #Houses #HomeVestors #WeBuyUglyHouses #LasVegas #Vegas #Nevada #News

https://www.propublica.org/article/behind-the-scenes-of-we-buy-ugly-houses-deal?utm_medium=social&utm_source=mastodon&utm_campaign=mastodon-post

ProPublica, 11 months ago to random

HomeVestors Said It Had Kicked Out a Top Franchisee Who Broke the Law.
New Evidence Suggests It Didn’t.

The "We Buy Ugly Houses" company said it had cut ties with Cory Evans, the former co-owner of Patriot Holdings LLC, “a number of years” ago.

But texts, emails and interviews indicate he was still engaged in the business as recently as March.

#Homevestors #RealEstate #Homes #Houses #WeBuyUglyHouses

https://www.propublica.org/article/new-evidence-homevestors-did-not-cut-ties-with-franchisee-who-broke-law?utm_medium=social&utm_source=mastodon&utm_campaign=mastodon-post

ProPublica, 11 months ago to random

“We Buy Ugly Houses” CEO Steps Down Following ProPublica Investigation

David Hicks, CEO of HomeVestors of America, said in a letter announcing his retirement that recent press coverage of the company’s homebuying practices has taken a “personal toll on me.”

#RealEstate #Realty #Homes #Houses #WeBuyUglyHouses #Homevestors

https://www.propublica.org/article/we-buy-ugly-houses-homevestors-david-hicks-ceo-retirement?utm_medium=social&utm_source=mastodon&utm_campaign=mastodon-post

ProPublica, 11 months ago to random

Senators, Regulator Call for More Scrutiny of “We Buy Ugly Houses” Company

The Consumer Financial Protection Bureau said the #DOJ and state attorneys general should be made aware of predatory house-flipping practices, following ProPublica reporting on HomeVestors of America.

#RealEstate #Houses #Homes #CFPB #HomeVestors #WeBuyUglyHouses

https://www.propublica.org/article/senators-call-for-scrutiny-of-homevestors?utm_medium=social&utm_source=mastodon&utm_campaign=mastodon-post

ProPublica, 1 year ago to random

Looking to Sell Your Home for Cash? Read This First.

Cash home buyers like the “We Buy Ugly Houses” company may offer a quick and convenient sale to homeowners.

Here’s what experts say you should know about interacting with these companies.

#HomeVestors #RealEstate #Houses #Realty #Homes

https://www.propublica.org/article/want-to-sell-home-for-cash-read-this-first?utm_medium=social&utm_source=mastodon&utm_campaign=mastodon-post

ProPublica, 1 year ago to random

Five Stories of Lives Upended After Dealing With the “We Buy Ugly Houses” Company

Pennee was convinced to sell the family trailer she'd inherited for 1/5 of its market value.

She's just one of several people who shared their stories of finding themselves in unwanted deals with a cash home buyer.

#RealEstate #Realty #Homes #Houses #HomeVestors #Elderly #Contracts

https://www.propublica.org/article/five-lives-upended-after-dealing-with-we-buy-ugly-houses?utm_medium=social&utm_source=mastodon&utm_campaign=mastodon-post

ProPublica, 1 year ago to random

The Ugly Truth Behind “We Buy Ugly Houses”

A ProPublica investigation — based on court documents, #property records, company training materials and interviews with 48 former franchise owners and dozens of #homeowners — found HomeVestors franchisees that used #deception and targeted the #elderly, infirm and those so close to #poverty that they feared homelessness would be a consequence of selling.

#RealEstate #Homes #HomeVestors

https://www.propublica.org/article/ugly-truth-behind-we-buy-ugly-houses?utm_medium=social&utm_source=mastodon&utm_campaign=mastodon-post