The Ugly Truth
Inside the “We Buy Ugly Houses” Company
HomeVestors of America claims to be the country’s largest cash homebuyer and says it helps homeowners out of jams. But a closer look reveals that the company trains its franchisees to cash in on homeowners’ desperation.
Help ProPublica Investigate “We Buy Houses” Practices
If you’ve had experience with a company or buyer promising fast cash for homes, our reporting team wants to hear about it.
“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.”
Senators, Regulator Call for More Scrutiny of “We Buy Ugly Houses” Company
The Consumer Financial Protection Bureau’s head said the Department of Justice and state attorneys general should be made aware of predatory house-flipping practices, following ProPublica reporting on HomeVestors of America.
