HomeVestors of America®, Inc. Named To Entrepreneur Magazine'''s 2005 Franchise 500

DALLAS, Texas (Dec. 13, 2004) - HomeVestors of America®, Inc, known as the "We Buy Ugly Houses"® people, is ranked #138 in Entrepreneur magazine'''s 26th annual Franchise 500 ranking of top franchise opportunities.

"Each year, we look forward to this ranking and being named among the industry's best," said Dr. John Hayes, president and chief operating officer of HomeVestors. "It recognizes our commitment to continued stability and expansion of our franchise network, and positions us as a strong presence in an increasingly competitive business climate."

The January 2005 issue of Entrepreneur lists the top 500 franchises that offer the best opportunities for success based on criteria such as financial strength, stability, growth rate and size of system.

"Our performance during the past year has promoted our reputation as one of the top franchises in the nation," said Hayes. "We have a strong concept and our franchisees, as well as prospective franchisees, realize not only the value of our system and franchise network, but also the opportunity to make a positive impact in their community as well."

About HomeVestors of America, Inc.
Founded in 1989 and franchising since 1996, Dallas-based HomeVestors® of America, Inc., has more than 240 franchises throughout the United States. The first franchise company of its kind, HomeVestors® trains and supports franchisees who specialize in buying homes in need of repair. Most commonly known as the "We Buy Ugly Houses"® franchise, HomeVestors® strives to make a positive impact in each community. More information is available at www.homevestors.com.

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