The real estate company HomeVestors buys ugly homes, fixes them up and then sells them.
I know zero about this company except what i read in an article but it sounds pretty cool what they do.
They actually seek out the ugliest, run-down houses that they can find and pluck them off the market.
they get them dirt cheap because they are so run-down that no one wants them and they really don't hold much value.
Each year they actually host a contest called the "Ugliest House Contest". Here is last years winner...
They said it took seven dumpsters to clear the house out!
Quote:
There can be a lot to love about a homely house -- particularly the steep, steep discounts. Few home seekers want to put time, money and effort into fixer-uppers, so these homes must be offered very cheap.
So anyone handy and with a few extra bucks and hours to spend might find themselves with a nice place for the right price -- and that can be a beautiful thing.
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