Housing Bubble 2.0: Opendoor Gets Slammed Shut With $62 Million Fine by FTC for Misleading Customers
Housing Bubble 2.0 - Opendoor Gets Slammed Shut With $62 Million Fine by FTC for Misleading Customers.
Yet another Housing Market issue with the iBuyer group. First it was Zillow with the catastrophic failure of the buy and sell business. Now we find that Opendoor allegedly mislead customers (Home Sellers) that they would make more money selling to them, rather than going down the traditional Real Estate Agent & MLS listing route. Opendoor agreed to settle for $ 62 Million. The very next day they announced a new "product" for Homeowners, which should buy them some much needed goodwill.
This channel discusses recent articles, data and information about the Housing Bubble, Housing Crash, Home Prices, Forbearance, Foreclosures and Short Sales.
Additionally there is a focus on Mortgage Delinquencies, Mortgage Rates, FHA Loans, Real Estate Investing, and Housing Market Predictions for 2022 and Beyond.
Today is August 4th 2022 and Randy will discuss the following topics:
Opendoor Gets Slammed with $62 Million Fine From FTC
Misleading Customers
Links:
https://www.rttnews.com/3301757/ftc-fines-opendoor-labs-62-mln-for-misleading-claims.aspx
Need to See Foreclosure Data ? I have entered into a partnership with the leading provider of distressed property data, Foreclosure.com.
For a Free Trial click on the link below:
Check Out this Link: https://www.foreclosure.com?rsp=3325...
** Additional Medium **
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Housing Bubble 2.0
@HousingBubble2
I will conduct live Q&A sessions and other Real Estate related discussions.
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Connect with me to find out more about how I can help you in Real Estate.
I offer:
Primary Home Buying in the Greater Tampa Bay Area
Investment Properties & Turn Key Real Estate Investment Program
Off-Market and REO Properties
Real Estate Education Products & Services
Market Research & Consulting
Multi-Family & Other Commercial Assets
Build To Rent & Build To Flip Investments
I can be reached at:
Randy Patrick
Licensed Real Estate Broker
WestBay Real Estate, Inc.
813-833-2045
randy@luxuryshortsales.com
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The free report for the Top 10 Reasons Why We Will Have Another Housing Crash and Housing Crisis can be downloaded at:
If you have any questions, or wish to discuss Housing or Real Estate Investment, You can reach me directly at: randy@luxuryshortsales.com
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