HOMEVESTORS EXPANDS FRANCHISEE LOCATIONS TO 45th STATE

The Company opened the 660th Franchise in Maine

DALLAS (March 2, 2016) – HomeVestors of America, the We Buy Ugly Houses® company, today announced that it is officially operating in 45 states. HomeVestors is the largest professional home buying network of independently owned and operated franchisees and the number one buyer of houses in the U.S.

“HomeVestors is continuing to expand and winning numerous franchise awards,” said HomeVestors® co-president David Hicks. “We are proud of our tremendous progress in 2015 and look forward to the rest of 2016.”

“Homeowners in 133 markets have access to a HomeVestors franchisee they can trust to pull them out of any ugly situation,” added HomeVestors co-president Ken Channel. “It’s going to be another record-breaking year.”

HomeVestors continues to grow at an exponential rate. They added 202 franchisees in 2015, and have now reached 660 franchisees – including their latest in Maine.

The We Buy Ugly Houses® franchise, was founded and began franchising in 1996. Since then, HomeVestors franchisees have purchased more than 65,000 homes nationwide.

About HomeVestors

Dallas-based HomeVestors of America, Inc. is the largest professional house buying franchise in the U.S., with more than 65,000 houses bought since 1996. HomeVestors® recruits, trains and supports its independently owned and operated franchisees that specialize in building businesses based on buying, rehabbing, selling and holding residential properties. Most commonly known as the “We Buy Ugly Houses®” company, HomeVestors strives to make a positive impact in each community. In 2015, for the tenth consecutive year, HomeVestors was among the prestigious Franchise Business Review’s “Top 50 Franchises,” a distinction awarded to franchisors with the highest level of franchisee satisfaction. In 2015, HomeVestors was recognized as the 19th fastest growing franchise by Entrepreneur Magazine and in 2016 the company is number 91 in the Franchise 500 by Entrepreneur Magazine. For more information, visit www.HomeVestors.com.