Legal
Privacy Policy
Last Updated: 07/13/2025 · Effective Date: 07/13/2025 · Governing Jurisdiction: North Carolina .
1. Introduction
Velosell Home Buyers (“Company,” “we,” “us”) operates velosellhomebuyers.com (the “Site”). This Privacy Policy explains how we collect, use, and protect information from users (“you”) in compliance with:
- NC Identity Theft Protection Act (NCGS § 75-60)
- Federal Trade Commission Act
- TCPA (Telephone Consumer Protection Act) and CAN-SPAM Act
We are NOT licensed real estate agents or brokers (NCREC Rule 58A .0104).
2. Information We Collect
(a) Directly Provided Data
- Contact Details: Name, phone, email, address.
- Property Information: Address, condition, liens, ownership status.
- Communications: Call recordings, emails, texts.
(b) Automatically Collected Data (via cookies/pixels)
- Technical Data: IP address, browser type, device identifiers.
- Usage Data: Pages visited, time spent, referral sources.
We DO NOT collect:
- Social Security Numbers
- Financial account numbers
- Credit card data (unless required for earnest money, handled via secure third-party processors)
3. How We Use Your Information
| Purpose | Legal Basis |
|---|---|
| Contact you about property inquiries | Consent (NCGS § 75-60) |
| Negotiate/purchase properties | Contractual necessity |
| Assign contracts to end-buyers | Legitimate business interest (NCGS § 22-2) |
| Comply with NC real estate laws | Legal obligation (NCREC Advisory 2017-01) |
4. Information Sharing & Disclosures
We only share data with:
- End-Buyers: For contract assignments (disclosed in writing per NC Statute of Frauds).
- Service Providers: Title companies, attorneys, or inspectors (bound by NDAs or professional duties).
- Legal Requirements: To comply with NC subpoenas (NCGS § 8-53) or UDTPA investigations.
We NEVER sell your data to marketers.
5. NC-Specific Rights & Choices
Under the NC Identity Theft Protection Act (NCGS § 75-60), you have the right to:
- Opt-out of Communications: Reply “STOP” to texts/calls or email info@velosellhomebuyers.com.
- Access/Correct Data: Request details via info@velosellhomebuyers.com.
- Deletion: Request removal of non-transactional data (excluding records required by NCGS § 93A-12).
6. Data Security
We implement:
- Encryption: SSL/TLS for data transmission.
- Access Controls: Password-protected systems and limited internal access.
- NC Compliance: Reasonable safeguards per NCGS § 75-65.
No method is 100% secure; we disclaim liability for breaches caused by third parties outside our control.
7. Data Retention
We retain data for the following approximate periods:
- 3 Years: Leads and property inquiries.
- 7 Years: Completed transactions (per NC property record and business record practices).
- Indefinitely: Data related to ongoing or reasonably anticipated legal disputes (NCGS § 1-52).
8. Third-Party Links
Our Site may link to third-party resources, including:
- Title companies
- Closing attorneys
- NC property records (e.g., county GIS or Register of Deeds)
We are not responsible for the privacy practices or content of external sites. Review their policies separately.
9. Children’s Privacy
Our services are not directed to minors under 18. We do not knowingly collect data from children. NC real estate transactions require legal adulthood (NCGS § 1-539.1).
10. Policy Updates
We may update this Privacy Policy periodically. Changes become effective upon posting to the Site, with the “Last Updated” date revised accordingly.
11. Contact & NC Disclosures
Data Controller:
Velosell Home Buyers
207 W Millbrook Road, Suite 210
Raleigh, NC, US 27609
+1 (984) 294-6262 | info@velosellhomebuyers.com
NC Wholesaling Disclosure
Terms & Conditions
To Report Privacy Issues:
Email info@velosellhomebuyers.com or mail to the address above.
Acknowledgement
By using our Site, you:
- Consent to the data practices described in this Privacy Policy.
- Confirm you are at least 18 years old.
- Acknowledge our non-agent status (per Terms & Conditions Section 2).