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The signs offer quick cash for homes. But states want more oversight.
New state rules require disclosures, licensing and cancellation rights as lawmakers seek to curb aggressive marketing and protect sellers from undervalued deals.
WE BUY HOUSES. CASH 4 HOMES. FA$T CA$H. The signs, text messages and mailers promise cash, quick sales and a seamless means of unloading unwanted homes. But advocates say the business of buying homes for cash can confuse vulnerable homeowners and rob them of home equity. And now, many states are cracking down. Wholesalers often […]