The Ugly Truth Behind “We Buy Ugly Houses”
They are a discount buyer, so it is generally a bad deal to use them and you basically shouldn't unless you have no other option.  It is similar to getting a pay day loan, or selling stuff to pawn shop or keeping a balance on your VISA.  You are going to get a bad deal.<p>I don't really know what to do about it.  How can you ensure people are educated enough to know that a discount buyer is a buyer who will under pay for your house?  I guess you legislate away discount buyers completely?<p>In Canada, they have regulated severely the amount of interest pay day loan companies can charge.  This has led to a shrinkage in the number of pay day loan companies.  So I guess some similar type of consumer protection laws could be enacted in this space.