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A ProPublica investigation 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.
HomeVestors of America, a Dallas-based company that flips houses, has lied to homeowners and preyed on the elderly, a lawsuit alleges.
HomeVestors of America, the self-proclaimed “largest homebuyer in the U.S.,” trains its nearly 1,150 franchisees to zero in on homeowners’ desperation.
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A ProPublica investigation — based on court documents, property records, company training materials and interviews with 48 former franchise owners and dozens...