D.C. sues home renovation company Curbio, says it traps seniors in unfair contracts
CBSN
District of Columbia Attorney General Brian L. Schwalb is suing Curbio, a company that rehabs owners' homes to prepare them for sale, alleging it targets financially disadvantaged seniors and traps them in contracts so unfavorable they can lead to financial ruin.
Curbio offers to renovate homes for sale, allowing their owners to defer payment for the services until after they sell their homes.
"Preparing a listing for market is a big lift. Let us take care of it for you," Curbio's website reads. The company also claims in marketing materials that its clients' homes typically spend fewer days on the market than other listings and that sellers see a great return on investment in its refresh services.
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