Press Release

The company’s franchises continue to grow at an exponential rate      

DALLAS--(BUSINESS WIRE)--HomeVestors of America, the largest professional home buying network of independently owned and operated franchisees and the number one buyer of houses in the U.S., has successfully added 48 new franchisees within the third quarter of 2015.

“HomeVestors® now has a total of 648 franchisees nationwide, which is an incredible accomplishment this quarter to reach,” said HomeVestors’ co-president David Hicks. “As HomeVestors continues to grow and expand, we look forward to supporting our franchisees in the years to come.”

The third quarter has proven to be the second most successful quarter this year. As 2015 concludes, HomeVestors believes they will have close to 700 franchisees by the beginning of 2016.

“We are still on track to being a record-breaking year; the company doesn’t plan to slow down any time soon,” commented HomeVestors’ co-president Ken Channell. “This quarter has delivered great results and I look forward to seeing HomeVestors end 2015 on a great note.”

HomeVestors of America, the We Buy Ugly Houses® franchise, was founded and began franchising in 1996. Since then, HomeVestors franchisees have purchased over 60,000 homes nationwide.

New franchisees during third quarter of 2015 include: Patriot Properties, LLC from Tucson, Arizona; Gary W. Miller from Atlanta, Georgia; Open Door Properties, LLC from Chicago, Illinois; Robert F. Leitao from Oakland, California; Top One Investments, LLC from Houston, Texas; Ralph E. Maupin from Atlanta, Georgia; Isaac F. Rowe from Cleveland, Ohio; Lake Investments, LLC from Houston, Texas; Andrew W. Anderson and Jesse L. Elton from Los Angeles, California; Jack B. Heberer from Raleigh-Durham, North Carolina; Madeleine Residential, LLC from Dallas, Texas; Your Reliable Property Solutions, LLC from Tampa/St. Petersburg, Florida; Sun Moon Investment Group, LLC from San Jose, California; Robert R. Knight from Fort Myers, Florida; Snomma Properties, LLC from Atlanta, Georgia; Cana Homes, Inc. from Raleigh-Durham, North Carolina; Legacy North Properties, Inc. from Boston, Massachusetts; T&T Home Solution Partners, Inc. from Dade-Miami, Florida; Powerhouse Mgmt, LLC from Riverside/San Bernardino, California; R. Daigle Enterprises, LLC from Baton Rouge, Louisiana; TD Ventures, LLC from Roanoke, Virginia; Willis Properties, LLC from Corpus Christi, Texas; Bayside Development Group, LLC from Baltimore-Towson, Maryland; Eric A. Feldman from Riverside/San Bernardino, California; Aspis Holdings, LLC from Houston, Texas; Justin A. Roylance and Eliza C. Roylance from Salt Lake City, Utah; Dave Wagner from Seattle, Washington; Daniel Robles and Jon J. Raich from Los Angeles, California; Roger E. Watson from Rapid City, South Dakota; Donald J. Corbett and Anne Marie Corbett from Richmond, Virginia; Dealmaker Holdings, LLC from Shreveport, Louisiana; Apurva Sanghavi from Houston, Texas; EMC Johnson Properties, LLC from Houston, Texas; Humberto Humaran and Shawn D. Buck from Dade-Miami, Florida; CJR Property Solutions, LLC from Houston, Texas; Mark E. Struznik from Kaufman-Henderson, Texas; James D. Wellington from Detroit, Michigan; Jonathan M. Siler and Dion D. Robinson from Richmond, Virginia; Economy Properties, LLC from Detroit, Michigan; Jonathan M. Zuckerman from Riverside/San Bernardino, California; Fairway Property Solutions, LLC from Greensboro, North Carolina; Veritas 1 Investments, LLC from Sacramento-Stockton-Modesto, California; Chris R. McClelland and Carla D. McClelland from Greensboro, North Carolina; Westland Investments 1, LLC from Oakland, California; Estrella Levinsky, G. Alexandra Reyes and Stefan Lukanov from Dade-Miami, Florida; Smart Advantage Solutions, LLC from Dallas, Texas; Beautiful Hope Properties, LLC from Oklahoma City, Oklahoma; and Saxton Investment Properties, LLC from Las Vegas, Nevada.

About HomeVestors of America Inc.

Dallas-based HomeVestors of America, Inc. is the largest professional house buying franchise in the U.S., with over 60,000 houses bought since 1996. HomeVestors recruits, trains and supports its independently owned and operated franchisees that specialize in building businesses based on buying, rehabbing, selling and holding residential properties. Most commonly known as the "We Buy Ugly Houses®" company, HomeVestors strives to make a positive impact in each community. In 2014, for the ninth 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. In 2014 HomeVestors was recognized as the 25th fastest growing franchise by Entrepreneur Magazine and number 126 in the Franchise 500 by Entrepreneur Magazine.