You ever see one of those signs that say “We Buy Ugly Houses” stapled to a telephone poll? Or plastered in giant block letters up on a billboard? Did you ever wonder what happens when someone calls that phone number? ProPublica investigative reporter Anjeanette Damon cracked the story wide open, and she’s on today with host Bree Davies to explain how the mysterious HomeVestors’ business model works, how they scoop up the deeds to so many perfectly good looking houses, and who is paying the price.
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