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” Company Overhauls Policies in the Wake of ProPublica Investigation
HomeVestors franchises will be required to provide prospective home sellers with a disclosure that includes a three-day window to terminate a sales contract.
“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.
What We’re Watching
During Donald Trump’s second presidency, ProPublica will focus on the areas most in need of scrutiny. Here are some of the issues our reporters will be watching — and how to get in touch with them securely.
Learn more about our reporting team. We will continue to share our areas of interest as the news develops.
Sharon Lerner
I cover health and the environment and the agencies that govern them, including the Environmental Protection Agency.
Andy Kroll
I cover justice and the rule of law, including the Justice Department, U.S. attorneys and the courts.
Melissa Sanchez
I report on immigration and labor, and I am based in Chicago.
Jesse Coburn
I cover housing and transportation, including the companies working in those fields and the regulators overseeing them.
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