HomeVestors (We Buy Ugly Houses) reviews

How HomeVestors (We Buy Ugly Houses) works

Process

A local property buyer schedules a free, no-obligation, in-person consultation and walks through the property; no repairs, updates or cleaning are required. After assessing the property and local market, the buyer may make a cash offer, sometimes on the spot; if accepted, the parties close on the seller's schedule, sometimes in as little as three weeks, and the company says it pays typical closing costs.

Fees (per the company)

The company says it charges sellers no commissions, real-estate fees or hidden fees, does not charge for the visit or offer, and pays typical closing costs.

Where it buys

Continental United States; the company says it currently has more than 750 independently owned and operated franchises in 46 states.

Reddit discussions

Threads that mention HomeVestors (We Buy Ugly Houses). We link to them; we don't verify what's said there.

• Anyone have any experience with We buy ugly houses/HomeVestors?Discussion
• Homevestors/We Buy Ugly Houses - any info?Discussion
• Try traditional sale or go HomeVestors/etc route for house in need ...Discussion

Sources

• HomeVestors describes itself as a national network of real-estate investors and says it buys homes, condos, multi-tenant buildings, duplexes, townhouses and occasionally commercial property. company website
• The franchise company's stated business model is a network of independently owned and operated franchises; franchisees receive training, tools, leads and professional contacts, and the company helps them find properties and access lenders. company website
• The company's current consumer FAQ says We Buy Ugly Houses is a franchise corporation headquartered in Dallas, Texas, and that it is a network of real-estate investors. company website
• The live company site says it buys houses and offers a current get-a-cash-offer flow; the franchise corporate contact page says the corporate office does not buy or sell houses, supporting that local franchisees—not corporate headquarters—conduct the buying. company website
• The company says it has been in business since 1996. company website
• HomeVestors' corporate contact page lists its office at 14785 Preston Rd #750, Dallas, TX 75254. company website
• A 2017 acquisition announcement from Levine Leichtman Capital Partners describes HomeVestors as a real-estate investment franchisor, says it was headquartered in Dallas and founded in 1996, and describes the buyer as a private-equity firm; the company is not identified there as a listed issuer or by a stock ticker. other
• The company's FAQ says it currently has more than 750 independently owned and operated franchises in 46 states and serves almost anywhere in the continental United States. company website
• The company says it charges no commissions or real-estate fees, pays typical closing costs, and has no fees or obligation for requesting an offer; it also says the visit is free. company website
• The stated three-step process is: book a free, no-obligation consultation; receive a cash offer after a property walkthrough; and close fast, sometimes in as little as three weeks or later if the seller needs more time. company website
• For valuation, the company says it considers local market conditions, neighborhood comparable sales and what it learns from inspecting the home's exterior, rooms, utilities and major systems; it says sellers need not make repairs, updates or clean before the visit. company website
• The company says that after signing to accept an offer, the seller has three days to reconsider and may cancel during that option period by notifying the property buyer in writing. company website

Common questions about HomeVestors (We Buy Ugly Houses)