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Real Estate News Releases
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(EMAILWIRE.COM, March 05, 2010 ) Wilmington, NC – “Buy my house fast,” is the prayer of the owner of an unwanted house. Buy my house fast is a request that Rich Morgan is happy to fulfill. Many people feel trapped by a house they no longer wish to own. They would like to sell quickly; however, they owe more on the mortgage than the home is worth. Perhaps the house needs a lot of repairs. Worse yet, it could be vacant and in disrepair.
Now enter Rich Morgan of HomeVestors of America, the company who is famous for its “We Buy UGLY Houses” billboards. Rich looks for ugly houses he calls diamonds diamonds in the rough, to rehab and sell to improve the look of neighborhoods saturated with ugly, vacant houses. Rich considers himself to be a real estate professional; not a house-flipper.
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. Rich finds his career rewarding as he helps distressed homeowners unload unwanted real estate while he works toward improving neighborhoods by renovating ugly houses and selling nice homes.
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 as-is, 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 per year. 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 many 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 http://wilmingtonnc.homevestors.com/ to learn more.
Contact:
HomeVestors of Wilmington
Richard Morgan
910-297-3519
homebuyers@homevestors.com
This press release was submitted by Right Now Marketing Group, LLC
Serving clients and investors in Jacksonville and Wilmington, NC, Onslow, New Hanover, Pender, and neighboring cities and communities.
28540, 28546, 28541, 28401, 28403, 28405, 28409, 28411, 28412, 28429, 28443, 28425, 28457
HomeVestors of Wilmington
Richard Morgan
910-297-3519
homebuyers@homevestors.com 
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