Franchise News Release: Dallas, TX - (May-8-2004)

HomeVestors Adds 14 New Franchises


HomeVestors® of America, Inc., the company best known for advertising "We Buy Ugly Houses," added 14 new Franchise offices in two months.

The new HomeVestors offices are located in: Phoenix, Ariz., Atlanta, Ga., Augusta, Ga., Detroit, Mich., Grand Haven Holland, Mich., Grand Rapids, Mich., Lansing, Mich., Duluth, Minn., St. Louis, Mo., Kansas City, Mo., Charleston, S.C. and Nashville, Tenn.

"We are proud of all the new HomeVestors training graduates," said David Young, president of HomeVestors. "This is a dynamic group of franchisees representing some of the top real estate markets in the nation."

The new franchisees recently completed an intensive 10-day program designed to train the new franchisees on the HomeVestors method of buying, repairing and selling properties. In addition, new owners learn about HomeVestors' extensive finance and advertising programs, and HomeVestors also supports a mentoring program to assist franchisees with any needs they have after graduation. Advanced Training sessions are offered for all existing franchisees as well.

The new franchisees are: J.D. Asbell, Kent Babb, Jeremy Bigalke, John Bigalke, Bonnie Chapa, Laura Childs, Jeff Clary, Christina Danovsky, Judith Essenburg, Craig Frizzell, David Hopkins, Diane Justice, Greg Justice, Pete Kanton, Jonathan Lee, Wally Loeffelman, Hank McHale, Mark Maimone, Kevin Moore, Andrea Morris, Lilian Reid, Stephen Rogner, Anita Saavedra, Cory Simpson, Curt Simpson, Wally Spzuk, Rhea Thornton, Ken Townson, Michael Warren, Patricia Witte and Mari-Chris Yarbrough.

About HomeVestors of America, Inc. Founded in 1989 and Franchising since 1996, Dallas-based HomeVestors of America, Inc., has more than 200 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.



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