Press Conference

DEPARTMENT OF PUBLIC RELATIONS
Nona Simmons, Director
251-452-7813
n.simmons@thecityofprichard.org.

MAYOR DAVIS WILL HOLD A PRESS CONFERENCE ON FRIDAY , MARCH 23, 2007 AT 3:00PM
THE PRESS CONFERENCE WILL BE HELD AT PRICHARD CITY HALL.

Home Vestors Partners With City of Prichard for Operation Eyesore Alternative

MOBILE, Ala. (March 13, 2007) – Local franchises for HomeVestors of America, better known as the “We Buy Ugly Houses” company, have teamed up with Mayor Ron Davis and the City of Prichard’s Operation Eyesore campaign to offer a solution to residents with dilapidated homes that they cannot afford to repair.

Vacant and rundown homes that are targeted by Operation Eyesore risk being demolished if they go unrepaired. But in cooperation with the City’s efforts to improve residential areas, HomeVestors will buy houses in as-is condition from homeowners looking to sell and will assume the rehab of the properties to meet the City’s guidelines.

“This program gives us a chance to help people out of an ugly real estate situation,” said Steve Brown, of Cash 4 Houses L.L.C., a local HomeVestors franchise. “In turn, we handle the costs and labor needed for repairs, and we put beautiful homes back on the market to breathe new life into the communities.”

HomeVestors also will offer rehabbed homes to first-time homebuyers through a special partnership with Bank of America.

“This is a fantastic program, allowing people to achieve the American Dream of homeownership that they may have thought was impossible,” said Brown.

About HomeVestors of America, Inc.

Founded in 1989 and franchising since 1996, Dallas-based HomeVestors® of America, Inc., has more than 250 franchises throughout the United States. The first franchise company of its kind, HomeVestors® trains and supports franchisees that specialize in buying homes in need of repair. HomeVestors® strives to make a positive impact in each community. More information is available at www.homevestors.com.

For more information contact Nona Simmons at 452- 7813