The Ugly Truth Behind “We Buy Ugly Houses”
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The Ugly Truth Behind “We Buy Ugly Houses”
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Re: The Ugly Truth Behind “We Buy Ugly Houses”
#2[flagged]
Re: The Ugly Truth Behind “We Buy Ugly Houses”
#3[flagged]
If there's enough fine print to require 3+ hours of reading for someone with high-schools level comprehension... then it can easily hide exploitive terms.
For seniors with dwindling mental capacity the situation is even more dire.
Re: The Ugly Truth Behind “We Buy Ugly Houses”
#4[flagged]
[deleted]
Re: The Ugly Truth Behind “We Buy Ugly Houses”
#5[flagged]
Re: The Ugly Truth Behind “We Buy Ugly Houses”
#6[flagged]
[deleted]
Re: The Ugly Truth Behind “We Buy Ugly Houses”
#7[flagged]
If there's enough fine print to require 3+ hours of reading for someone with high-schools level comprehension... then it can easily hide exploitive terms. For seniors with dwindling mental capacity the situation is even more dire.
If you haven't understood (or even read) what they are telling you to sign you shouldn't sign. What you can't do is sign and then complain about what you signed. That's ridiculous, and the courts agree.
Re: The Ugly Truth Behind “We Buy Ugly Houses”
#8[flagged]
> "Propublica reveals homeowners with advanced dementia who signed their shaky signatures to transfer their homes for a fraction of their market value. They show how Homevestor targets neighborhoods struck by hurricanes, or whose owners are recently divorced, or sick. One whistleblower tells of how the company uses the surveillance advertising industry to locate elderly people who've broken a hip: "a 60-day countdown to death — and, possibly, a deal.""
Indeed, they entered into the contract of their own volition.
Re: The Ugly Truth Behind “We Buy Ugly Houses”
#9Earlier quoted context omitted.
If there's enough fine print to require 3+ hours of reading for someone with high-schools level comprehension... then it can easily hide exploitive terms. For seniors with dwindling mental capacity the situation is even more dire.
If you haven't understood (or even read) what they are telling you to sign you shouldn't sign. What you can't do is sign and then complain about what you signed. That's ridiculous, and the courts agree.
Many of these people have dementia. It's not a fair negotiation.
Re: The Ugly Truth Behind “We Buy Ugly Houses”
#10Earlier quoted context omitted.
If you haven't understood (or even read) what they are telling you to sign you shouldn't sign. What you can't do is sign and then complain about what you signed. That's ridiculous, and the courts agree.
Many of these people have dementia. It's not a fair negotiation.
Contracts signed by mentally incompetent people are generally invalid. So this article isn't about that. Therefore, when the article says the courts accept the contracts as valid they can't be talking about the contracts signed by the infirm, but the article conflates both things maliciously.