The Vestor's Voice® is a newsletter for franchisees of HomeVestors of America. When you have news, questions, comments or ideas, please send them to us for publication. Submit photographs, too!
Scott White, Editorial Director
Send your materials to our Editorial Director, Scott White.
Join your fellow Investors on Capitol Hill to protect our industry By John Hayes, Ph.D.
John P. Hayes, Ph.D.
John P. Hayes, Ph.D.As a result of the national housing crisis, there is currently a significant amount of discussion in Congress about the need to create legislation that could severely limit the way we do business.
Among some of the proposals being floated about is legislation that would:
require a minimum 5 days recision period on all transactions
require investors to ensure the original homeowner gets 82 percent of the fair market value of the property
ban "subject to” transactions
restrict access to homeowners in foreclosure of all investors, including home rehabbers and
create restrictions on real estate seminars that could even apply to a REIA groups hosting a speaker.
In an effort to make sure our leaders understand the danger in legislation such as this, and to give us an opportunity to be part of the solution, HVA is joining other industry leaders to sponsor a Day On The Hill in Washington, D.C., April 29-30.
This is an opportunity for real estate investors to meet directly with members of the U.S. Senate and House of Representatives and HomeVestors is encouraging Team HVA to attend the event to support not only our brand, but the real estate industry.
We need you there to represent your industry, your company, and your future!
HomeVestors is sponsoring Day On The Hill, which is being organized by National REIA.
You will meet as part of a small group face-to-face with congressional representatives on April 30. On the evening of April 29, in addition to networking with investors from across the nation, you will be briefed on pertinent issues to discuss the next day and receive training on how to speak with the congressional representatives.
It's important for HomeVestors to be well represented at this event! As the only national brand for real estate investors, we need to carry the flag for our industry, and we need to take advantage of our notoriety. The congressional staffs aren't likely to know the independent investors, but they will know HomeVestors, the "We Buy Ugly Houses" company, and they'll expect to see that we're represented.
Our very presence will create curiosity. Having already visited Capitol Hill to discuss our interests with legislators, I can tell you that they will be keenly interested in "the Ugly House people."
National REIA is especially encouraging HomeVestors franchisees from across the country to participate. While many investors from northeastern states will likely register because of the proximity to the nation's capitol, we also need representation from across the USA.
Networking and training for Day On The Hill, will occur on April 29 at The Westin Alexandria. The hotel may already be sold out, but there are other hotels in close proximity with some options below.
Courtyard Alexandria / $219 night
Hampton Inn on RICHMOND HIGHWAY / $189 night
Holiday Inn Express/Suites/DOWNTOWN ALEXANDRIA $259 / night
Best Western Old Colony Inn/DOWNTOWN ALEXANDRIA $189 / night
Register for this event today! The fee for non-HVA franchisees is $149. Your fee is only $99! When you visit the Day On The Hill Web site, click on Day On The Hill link and follow the instructions to register. There should be a coupon for HVA franchisees--if not, just tell them you're an HVA franchisee and you pay $99.
Please take advantage of this opportunity!
. . . For more information, please contact Mark Hagen, 972.619.0096 or Gregg Stengel 972.532.8007 in the HomeVestors office.