Wednesday, July 23, 2008

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Request For Franchise Consideration

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FAQ
Request for Franchise Consideration

We appreciate your interest in HomeVestors. The more information we receive from you, the better we can answer your questions. Please complete and submit the following confidential Request for Consideration:


*Please note all fields, unless noted, are mandatory for consideration*

Company Name: (Optional)
First Name:
Last Name:
Street Address 1:
Street Address 2: (Optional)
City:
State:
Zip/Postal Code:
Daytime/Work Phone:
Evening/Home Phone:
Cell Phone:
FAX: (Optional)
E-mail:
Spouse's Name:
Occupation: (Optional)
 
Desired Franchise Territory:
1.
2. (Optional)
3. (Optional)
 
Will you have partners besides you and your spouse? Yes   No
If yes, please explain who will be partnering with you?
How did you hear about HomeVestors? 
Internet Referral TV
Radio Newspaper Magazine
Other: 

Do you have experience in real estate? Yes    No
While investment experience is not required, we'd like to know
if you currently buy investment property?
Yes   No
If yes, what markets?
Other than your personal residence, how many houses have you
purchased in the last 24 months, if any?
Describe your house buying experience, if any:

Please tell us about your background:

1. Describe your business and/or professional background:

2. Have you ever owned a business? Yes   No
If yes, please explain:

3. Have you ever owned a franchise? Yes   No
If yes, please explain:

4. Are you currently employed? Yes   No
If yes, what is your current occupation and salary range?

5. Have you declared bankruptcy in the last 10 years? Yes   No
If yes, please explain:

6. Have you been convicted of a felony in the last 10 years? Yes   No
If yes, please explain:

Please complete below your financial information:

Your Assets:

Cash: $
Stocks, bonds, mutual funds – non retirement accounts: $
Stock, bonds, mutual funds – retirement accounts: $
Value of all real estate owned: $
Other Assets: $
Total Assets: $

Please explain any assets you listed as "other":

How much of your own money are you looking to invest in this franchise? $

*Candidates must have a minimum of $250K liquid available net worth in cash, marketable equity securities, marketable debt securities, real estate equity or credit card availability. You must demonstrate enough available liquidity to pay franchise fee and start up working capital.

Is the cash available immediately to invest? Yes   No
If no, when will you have the necessary cash available to invest?

Your Liabilities:

Total mortgages on all real estate: $
Other Liabilities: $
Total Liabilities: $

Please explain any liabilities you listed as "other":

Net Worth:

Assets minus liabilities: $
As of today, based on what you know about HomeVestors, please rate your overall interest in owning a HomeVestors franchise:
 I know about HomeVestors, I meet your financial requirements and I want to open ASAP
 I see your "We Buy Ugly Houses®" billboards everywhere and I'm interested in owning a HomeVestors franchise
 I am very interested in owning my own business, but have never heard of HomeVestors
 I am currently just looking at several different business opportunities.

You promise that you have supplied all information to the best of your ability and understand that we rely upon this information in assessing your qualifications. You understand that this profile is not a contract and is in no way binding on you or us, and does not mean or imply that a franchise will be offered:

Date: 07/23/2008


Disclaimer: This is not a franchise offering. An offering can only be made by obtaining a HomeVestors Uniform Franchise Offering Circular.