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Also known as the “we buy ugly houses” company, HomeVestors was founded in 1996 and operates more than 1,100 franchises around the country. As the tagline implies, this company is happy to buy ...
By the end of that year, it had 17 franchisees and generated about $800,000 in revenue. It also sold its 25,000th house, in Jonesboro, GA. [5] Franchisees hold the homes for six months on average. [6] 1997. In 1997, HomeVestors reached 30 franchises with $1.7 million in revenue. [7] 2003. By 2003, HomeVestors had grown to 135 offices in 17 states.
They also buy homes in as-is condition and typically close within 10 days. Matt Buys Houses TX: Matt Allen has been buying homes in the San Antonio area since 2016. The company makes cash offers ...
Another big outfit serving the Raleigh area is HomeVestors (perhaps better known as the “We Buy Ugly Houses” company). They also make fast cash offers and can close in as little as three weeks.
Unlike many renovation shows, the renovators only buy and sell houses (not the underlying land). At the initial auction, the renovators can only view the home from the outside and must also factor in costs of moving the house from the original lot to the renovation site. At the renovation site, the teams renovate the houses and sell them at ...
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