HomeVestors was founded by Ken D’Angelo, a former real estate agent in Houston and Dallas for 20 years. In 1989 he saw an infomercial pitching a two-hour video that taught people everything they needed to know about home buying. “I just took that idea one step further and into a specialized area,” D’Angelo told The Dallas Morning News in 2003. “No one likes to buy ugly houses, so I thought, ‘Why not do it myself?'” He opened an office in East Dallas as a one-man business and in 1996 HomeVestors launched its franchise program.