HVA Reaches 35,000 Houses...And Counting

Purchase of Houston house creates a new HVA milestone By Leah Templeton Less than one year after reaching the 30,000 milestone, the HVA franchise network has purchased its 35,000th house. The house was purchased by Eddie and Debbie Gant of Advantage House Buyers in Houston. “This is another huge landmark for our company,” said John Hayes, president and CEO of HomeVestors. “With the current crises in the credit markets and housing, the purchase of the 35,000th house reaffirms that our franchisees provide a valuable and needed service to people all over America, no matter the state of the real estate market." The Gants joined HomeVestors nine years ago and said this recent purchase was a perfect example of how their business helps customers out of ugly real estate situations. The three-bedroom, two-bath, 1,681 square-foot home in Northeast Houston was in need of repairs. Initially, the owners of the property were planning to rehab the house. Due to financial constraints, however, they needed to sell quickly. That’s when they contacted HomeVestors. “We know the Northeast Houston area very well,” said Eddie. “In the last nine years, we have purchased and rehabbed almost 30 homes here and we are happy to continue making the neighborhoods a better place to live, one house at a time.” After a “kick-off meeting” between Gant and his contractors to go over the specifications of the project, the contractors will spend the next month fixing leaky pipes, replacing rotted wood and damaged drywall, repainting the interior and adding landscaping. Hayes added that showcasing the purchase of HVA's 35,000th house is the perfect way to illustrate everything that's important about HomeVestors. “For the last 12 years our franchisees have changed the landscape of residential real estate," he said. "And with so much attention surrounding foreclosures and troubled homeowners, we are happy to showcase how we are helping people out of ugly real estate situations when they need our services the most. We are buying and transforming eyesores into beautiful homes that people are proud to own.” . . . Leah Templeton is an account executive with HVA's public relations agency, BizCom Associates.