25,000 Houses And Counting: Turning Ugly Homes Around ar S Be NSSsee) With just a little bit of capital, investors are able to buy, rehab and resell single-family homesin established neighborhoods. (NAPSA)—Just as the Ugly Duckling was really a swan, an ugly house mayreally be a gold mine. That’s the attitude of savvy individuals who, through such companies as HomeVestors, have gotten into the business of buying, rehabbing and selling single-family homes as a full-time business. It’s a win-win situation; investors make a profit and, after rehab and resale, a young family is able to afford a beautiful home. Real estate investment is a trend that continues to grow; in 10 years, HomeVestors has purchased more than 25,000 homes. For dedicated investors, the com- pany offers franchise opportunities—some franchisees will buy more than 100 homesthis year. So where do the “ugly” houses come from? And whyare they available on the cheap? There are many reasons, although some are merely homes that have fallen into disrepair. Other possibilities include: e A divorce where the homeis a marital asset that must be sold off and the proceedssplit; e An inheritance where the heirs are not interested in occupy- ing or fixing up the old homestead, and wish to liquidate; and Forced relocation dueto a job transfer or loss of job. For these sellers, a company that pays cash—without the headaches of open houses, remodeling or closings—is often seen as the proverbial white knight. And for the thousands of would-be homeownerslooking for their part of the American dream, the result is a variety of affordable and attractive starter homes in existing neighborhoods. To learn more about turning ugly houses into pretty profits, franchise opportunities and more, visit www.HomeVestors.com or call (866) 249-6925.
