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We Buy Ugly Houses

We buy ugly houses is the registered trademark of HomeVestors of America; a nationwide franchise based in Dallas, Texas. HomeVestors has been involved in recycling houses for nearly 40 years, making them one of the most recognizable house buying organizations in the U.S.

Most people are familiar with the "We Buy Ugly Houses" billboards and yard signs. The bright red and yellow signs with gigantic letters claiming to buy unsightly homes bring hope to distressed homeowners who need to sell their house fast or face foreclosure.

The'we buy ugly houses' campaign focuses on purchasing distressed properties in dire need of repair. According to their marketing materials, HomeVestors typically purchase houses at around 60-percent of their appraised value; less required repairs. The company renovates the ugly house and resells the property for profit.

Although HomeVestors offers a valuable service to homeowners who need to sell their house quick, many borrowers cannot afford to sell their home for 40-percent less than it is worth. Nor does this company offer assistance to homeowners who own houses in good condition. In fact, there are few resources available for individuals who need to sell a well-kept home or those who owe more than their house is worth.

There are many reasons people need to sell their house fast. The most common include bankruptcy and foreclosure. Borrowers in default of their mortgage can temporarily stop foreclosure by filing for chapter 13 bankruptcy. The problem with this tactic is debtors must be able to maintain their normal monthly mortgage payment in addition to chapter 13 payments.

For many people, bankruptcy is a temporary fix which ends up costing more than they can afford. When debtors are unable to adhere to the repayment plan, they fail out of bankruptcy and lose all protection from the court. When this occurs, lenders can commence with foreclosure proceedings where they left off. I have seen people forced from their homes in a matter of days once they fail out of bankruptcy.

As a private real estate investor, I buy houses in all conditions and price ranges. Whether you are facing foreclosure, have obtained short sale approval, own probate real estate, or simply need to sell your house fast, I can provide a solution.

Whether you need to sell an ugly house or a beautiful home, I invite you to submit information about your property via the "we buy houses" form. I don't charge a fee to review information and it only takes a few minutes to fill out the form. You have nothing to lose and everything to gain, so don't delay. Submit your information today and I will promptly contact you to discuss available options.


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Published on March 27, 2009 at 02:42 AM | Comments: 1

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Comments

We need to sell this property asap...We have come into an unexpected fine for personal reasons,and we are already in default embarking on 3 months now. We dont want to foreclose on it or file bankruptcy, if at all possible. Thank you

Bobbie | October 27, 2010 7:34 AM

 

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