Real estate investors to discuss home buying and helping country past subprime crisis
April 29, 2008 // Franchising.com // DALLAS - HomeVestors® of America, Inc., known as the "We Buy Ugly Houses"® company, is sponsoring the National Real Estate Investors Association's (REIA) "Day on the Hill," April 30 in Washington D.C.
HomeVestors executives and franchisees will be among National REIA members from across the country traveling to meet with congressional representatives on Capitol Hill. They will address their legitimate role in helping the backbone of the housing industry and the demand that exists for their expertise in helping the country in today's real estate market.
"Real estate investors represent one of the largest cottage industries in our country," said John Hayes, president and CEO of HomeVestors of America whose company has purchased more than 35,000 houses across the U.S. "We provide an invaluable and ethical service that is needed more than ever in today's market. And we are organized and accountable for our activities, doing great things that go unnoticed in helping the country in a declining real estate cycle."
Real estate investors operate at the grassroots level to rehabilitate older neighborhoods, to provide affordable housing, to assist first-time homebuyers, to help people out of ugly real estate situations and more.
"Our interest in helping today's homeowners and homebuyers is at the root of our business, and we want legislators to hear first-hand what we do and how we do it," Hayes said. "Similarly, we are equally committed to fighting con-artists who cloud our industry, and people in Washington need to know how to identify the greater number of investors who are helping our country and our economy."
Founded in 1989 and franchising since 1996, Dallas-based HomeVestors® of America, Inc., has more than 250 franchises throughout the United States. The first franchise company of its kind, HomeVestors® trains and supports franchisees who specialize in buying homes in need of repair. Most commonly known as the "We Buy Ugly Houses"® franchise, HomeVestors® strives to make a positive impact in each community. More information is available at www.homevestors.com.