Archive for February, 2011

A lot of PR for Team HVA

Thursday, February 10th, 2011

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The latest PR release shows how the HVA Brand has a lot of interest. Here are some of the links:

  • Yahoo Finance
  • Franchise Business Opportunities
  • Settlements
  • The Free Library
  • Serious Real Estate Wealth
  • Franchising.com
  • PR Newswire
  • iStockAnalyst
  • Business Exchange
  • Business Insider
  • NASD/OTC
  • News Blaze
  • News Channel 10

Article on the Importance of Real Estate Investors

Wednesday, February 9th, 2011

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A great article on the importance of Investors from The National Housing Institute, called The Great American Fire Sale.

This article explains a lot about the different types of investors, and the importance of Real Estate Investors. “Investors are a major part of the picture in most neighborhoods affected by foreclosures and their property investments dwarf the amount being spent by cities and CDCs. Investors spent over $2 billion buying single-family houses and condos in the Phoenix area in 2009 alone—more than the entire amount appropriated for NSP2 nationally.”

This article talks about how responsible real estate investors have a key role in rebuilding the communities and neighborhoods. It explains how there are some “bad apples,” but concludes, “In the end, investors are an important, and most probably permanent, part of the neighborhood landscape. The houses they buy and rent out will continue to make up a major part of the rental housing stock in our towns and cities.”

And who is the leader in developing real estate investors? The only national real estate investor franchise – HomeVestors.

HomeVestors Buys Houses in Florida, Too!

Saturday, February 5th, 2011

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Congratulations to Charles Abbott, with Abbott Real Estate Investment Group on becoming a member of HomeVestors Diamond Club, and renewing his franchise!

Charles continues to show that you can buy houses in Florida! In five years, Abbott has bought 143 properties, and sold over $14.5 million in properties.

Charles buys houses in the Ft. Walton Beach area of Florida.

Charles, thanks for being a part of the HomeVestors® Team!

Fort Worth Franchise Continues Buying Ugly Houses

Friday, February 4th, 2011

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Many people ask why we buy so many houses. The reason is that we have so many good franchisees. You can tell the value of the franchise by how many franchisees continue to renew their agreement.

Congratulations to Allen Schramm, Jim Dominici & Paul Mammoser, the owners of Oaken Bucket in Fort Worth, TX on completing their renewal for another 5 years as HomeVestors® franchisees.

In the first 5 years, Oaken Bucket bought 129 ugly houses! They have sold over 6.7 million dollars of property.

Allen, Jim and Paul, we are glad to have you on the We Buy Ugly Houses® team!

HomeVestors, the “We Buy Ugly Houses®” Company, Announces 24 New Franchises in 13 Markets

Thursday, February 3rd, 2011

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America’s #1 Home Buyer Expands Its Franchise Network

Real Estate Investment Opportunities Abound in Residential Real Estate Across U.S.

DALLAS, TX (February 3, 2011) — HomeVestors® of America, Inc., known as the “We Buy Ugly Houses®” company, announced that 24 new franchisees have joined its franchise network of independently owned and operated professional real estate investors who specialize in buying single-family residential properties at a discount and rehabbing them, improving communities across the country.

 New franchises joined the HomeVestors® network in 13 markets across the United States.  They include:

  • Emerald Property Group, LLC, Daytona Beach, Florida – 18 franchises in Florida
  • Nine Green Housing, Inc., Houston, Texas – 11 franchises in Houston
  • Pilot Investments, LLC, Norfolk, Virginia – 7 franchises in Norfolk
  • Lifeline Properties, LLC, Dallas, Texas – 14 franchises in Dallas
  • Charles J. Calise, Dallas, Texas – 14 franchises in Dallas
  • RDR Homes, LLC, Houston, Texas – 11 franchises in Houston
  • Windwhisper Lane Investments, LLC, Baltimore, Maryland – First franchise in Baltimore
  • DNB Properties, LLC, Trenton/Mercer Counties, New Jersey – First franchise in Trenton/Mercer Counties
  • Lighthouse Homes, LLC, Denton/Tarrant Counties, Texas – 9 franchises in Denton/Tarrant Counties
  • Gerald Taylor & Jonathan Word, Chattanooga, Tennessee – First franchise in Chattanooga
  • Ashantar Properties, LLC, Dallas, Texas – 14 franchises in Dallas
  • Providence Place Properties, LLC, Boston, Massachusetts – 14 franchises in Boston
  • Tidewater Enterprises & Construction, LLC, Norfolk, Virginia – 7 franchises in Norfolk
  • PJR House Solutions, LLC, Dallas, Texas – 14 franchises in Dallas
  • S4 Investment Properties, LLC, Denton/Tarrant Counties, Texas – 9 franchises in Denton/Tarrant Counties
  • Seacoast Property Buyers, LLC, Boston, Massachusetts – 14 franchises in Boston
  • Robert W. Stolz, Essex County, New Jersey – First franchise in Essex County
  • Commonwealth Investment Solutions, LLC, Norfolk, Virginia – 7 franchises in Norfolk
  • Constitution Properties, LLC, Boston, Massachusetts – 14 franchises in Boston
  • Steven Blake and Lucy Jill Vincent, Dallas, Texas – 14 franchises in Dallas
  • Steven L. Ayers, Topeka, Kansas – First franchise in Topeka
  • Thomas W. Smith, St. Louis, Missouri – 5 franchises in St. Louis
  • Wave Properties, LLC, Dallas, Texas – 14 franchises in Dallas
  • The WIJO Group, LLC, Charleston, South Carolina – First franchise in Charleston

HomeVestors has about 200 franchises in 32 states and the District of Columbia.  Approximately 30% of existing single-family homes purchased nationally each year are bought by real estate investors, according to Personal Real Estate Investor Magazine©.

“HomeVestors is committed to helping neighborhoods recover from the real estate challenges of the last few years one house at a time,” said David Hicks, co-president of HomeVestors of America.  “We are committed to adding another 50 to 100 franchises in 2011.”

HomeVestors franchisees benefit from a comprehensive training program supplemented by continuing education; ongoing support and a Development Agent for coaching in daily operations; a comprehensive operating system and proprietary property evaluation system; access to financing if the property complies with the underwriting criteria; national vendor relationships providing economy of scale savings; and the most recognized real estate investing brand in the world, “We Buy Ugly Houses®.”  Each HomeVestors® franchise is independently owned and operated.

About HomeVestors of America 

Dallas-based HomeVestors of America, Inc., the #1 buyer of houses in the U.S., was incorporated and began franchising in 1996.  The first franchise company of its kind, HomeVestors trains and supports franchisees that specialize in buying homes (discount properties) and rehabbing them.  Most commonly known as the “We Buy Ugly Houses” company, HomeVestors strives to make a positive impact in each community.  In 2010, for the fifth consecutive year, HomeVestors was among the prestigious Franchise Business Review’s “Top 50 Franchises,” a distinction awarded to franchisors with the highest level of franchisee satisfaction.  For more information, visit www.homevestors.com. To learn more about the HomeVestors franchise, visit www.homevestorsfranchise.com

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Distressed Home Sales on the Increase

Tuesday, February 1st, 2011

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A report by the NAR confirms much of what our franchisees know from their experiences.

  1. Sales of distressed homes may be at an all time high. The NAR reports that  “Distressed homes rose to a 36 percent market share in December.” This means that 36% of the home sales in the US in December were by their definition destressed.
  2. Though sales are soft, properties continue to sell. The NAR reports “Total housing inventory at the end of December fell 4.2 percent”
  3. First time home buyers are the biggest segment of the buyers, “first-time buyers purchased 33 percent of homes in December.”
  4. Real Estate Investors are a big and growing part of the market. “Investors accounted for 20 percent of transactions in December, up from 19 percent in November and 15 percent in December 2009