Forget about Renovating - Home Buyers looking for Ugly Houses in Wilmington, North Carolina

Wilmington, NC (PressExposure) July 22, 2009 -- Rich Morgan has found his career rewarding since purchasing his franchise with HomeVestors of America, the company who is famous for its “We Buy Ugly Houses” billboards. Since graduating from HomeVestors intensive two-week training program Rich has been searching for ugly houses he calls diamonds in the rough, to rehab and sell to improve the look of neighborhoods saturated with vacant houses in disrepair.

Formerly a business manager in the plastic packaging industry, Rich left the corporate world to pursue his lifelong goal of becoming a successful business owner. Joining him as partners in his franchise are his wife, Alisa and close friend, Chip Hascher.

After developing award-winning franchised real estate offices in Dallas and Houston, Texas in the late 1970s and 1980s, the late Ken D’Angelo began to focus on recycling single-family homes. The decision led to the basis which became HomeVestors of America, Inc, the “We Buy Ugly Houses” people.

The “We Buy Ugly Houses” billboard was created in the early 1990s to motivate people who wanted to sell their house quickly and at a discount. Mr. D’Angelo would purchase the home even if it were in dire need of repairs, and then resell the property to real estate investors or renovate the home to enhance the neighborhood and sell to first-time home buyers.

By the mid 1990s D’Angelo was buying and selling more than 100 properties annually. As the company grew D’Angelo decided to teach others how to buy, repair and sell homes. Ken D’Angelo became the founder of “We Buy Ugly Houses” franchise business system of HomeVestors of America, Inc., the first franchise company of its kind.

Today, HomeVestors has over 250 franchised offices in the US. HomeVestors was named to Entrepreneur Magazine’s Franchise 500 list for six consecutive years and Entrepreneurs “Fastest-Growing Franchises” for four consecutive years. Visit to learn more.

Contact: HomeVestors of Wilmington Richard Morgan 324 Folly Island Ct Wilmington, NC 28411 910-297-3519

This press release was submitted by Right Now Marketing Group, LLC

About HomeVestors of Wilmington

HomeVestors of America, Inc. has almost 200 franchised offices throughout the United States. Among the company's many accolades, HomeVestors was named to Entrepreneur Magazine's "Franchise 500" list for five consecutive years, Entrepreneur's "Fastest-Growing Franchises" for four consecutive years, and SMU Cox School of Business "Dallas 100" list of fastest-growing private companies based in Dallas for four consecutive years.

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Press Release Submitted On: July 22, 2009 at 3:01 am
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