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Homevestors

Lubbock, Texas, United States

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General Info:

About the Company HomeVestors of America, Inc, otherwise known as the "We Buy Ugly Houses " people, is the #1 buyer of houses in the U.S. Founded in 1989, and franchising since 1996, HomeVestors has bought more than 45, 000 houses. Our franchisees buy homes that are hard to sell, paying cash to owners who often are in difficult situations... they rehab houses... and sell and lease homes, improving neighborhoods in the process and providing opportunities for first-time homebuyers and renters. With about 200 franchisees in 33 states, HomeVestors enforces strict codes and systems to ensure high ethical standards and responsible business practices. HomeVestors offers low-cost franchising opportunities to investors seeking to build wealth. Its unique business model includes a proprietary software system that franchisees use to evaluate single-family homes for purchase and repair ; mass advertising based on high-impact billboard campaigns that quickly achieve nearly universal market awareness ; and a direct-selling program that helps franchisees identify buyers or investors who already have a stake in the neighborhood. With consistent support from the company, HomeVestors franchisees generate positive cash flow and equity. They build real estate portfolios and wealth by acquiring investment-grade, single-family properties at discount prices and rehabbing them, then selling them or operating them as rental properties. Ranked on the SMU Cox School of Business "Dallas 100" fastest-growing private companies based in Dallas four consecutive years Additionally, HomeVestors was named to the prestigious Franchise Business Review "Top 50 Franchises" for the fifth consecutive year in 2010. This honor is awarded to franchisors with the highest level of franchisee satisfaction.

Other Information:

Specialties: Foreclosures, Office Buildings

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