Purchase Of ‘Ugly’ Houston House Puts Homevestors(R) Over 35000 Mark

Street Insider:

Despite the subprime mortgage fallout and real estate market woes, HomeVestors(R) of America, Inc., the company famous for its ‘We Buy Ugly Houses’(R) billboards, has marked the purchase of the 35,000th house by its franchise network.

The house was purchased by Advantage House Buyers, Inc., a HomeVestors franchise in Houston owned by Eddie and Debbie Gant and comes less than 1 year after the company passed the 30,000 milestone.

‘This is another huge landmark for our company,’ said John Hayes, president and CEO of HomeVestors. ‘With the current crises in the credit markets and housing, the purchase of the 35,000th house by a franchisee reaffirms that our franchisees provide a valuable and needed service to people all over America in any kind of real estate market. There are thousands of ugly real estate situations in America and many consumers know that HomeVestors is a brand they can trust when they need help.’

HomeVestors is the nation’s only franchise that specializes in buying, rehabbing and selling single-family homes. Read more.