Get All Access for $5/mo

HomeVestors to Launch REO Program July 1 <b></b>

Dallas--HomeVestors of America Inc., the company known for its "We Buy Ugly Houses" billboards, is introducing the HomeVestors Real Estate-Owned (REO) Program on July 1 to buy "ugly notes" from banks and financial institutions nationwide. With advertisements debuting in the Wall Street Journal, USA Today and financial trade publications, HomeVestors plans to buy performing notes, non-performing notes, and REOs on single-family homes that will expand the company's inventory to HomeVestors' franchisees.

HomeVestors will initially establish relationships with small- to medium-sized lenders to buy these notes in bulk and turn the properties over to the franchise network. The company also will launch a Web site at www.uglynotes.com to support the program and offer more information. -BizCom Associates

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Most Popular

See all
Science & Technology

Why Businesses Are Relying on Automation to Survive the Labor Crisis

Robots are revolutionizing industries by addressing labor shortages and enhancing efficiency, while businesses navigate challenges like workforce adaptation and high implementation costs.

By Robert Walker
Green Entrepreneur®

How Global Business Leaders Can Build a Sustainable Supply Chain

Businesses can build sustainable supply chains by leveraging technology to reduce environmental impact, optimize resources and track emissions while balancing operational efficiency and sustainability goals.

By Kerry Chen
Side Hustle

'Hustling Every Day': These Friends Started a Side Hustle With $2,500 Each — It 'Snowballed' to Over $500,000 and Became a Multimillion-Dollar Brand

Paris Emily Nicholson and Saskia Teje Jenkins had a 2020 brainstorm session that led to a lucrative business.

By Amanda Breen
Productivity

6 Habits That Help Successful People Maximize Their Time

There aren't enough hours in the day, but these tips will make them feel slightly more productive.

By Blake Johnson
By Sherin Shibu
Celebrity Entrepreneurs

The Pep Talk From Mickey Mouse We All Need to Hear, Compliments of Chris Diamantopoulos

Chris Diamantopoulos, the star of "The Sticky," "Red Notice" and the voice of Mickey Mouse, gets real about resilience, chasing dreams, and his desperate wish for a normal hobby.

By Dan Bova