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UGLY HOUSES rates Houston as #2 for Real Estate Investing

By Pippa Mac

Real Estate Agent with Chevaux Group Realtor, The Woodlands and Spring

July 19, 2008 01:35 AM

HomeVestors ranks Houston second for real estate investing

Houston was the second best market in the nation for real estate investing in the second quarter of 2008, according to a ranking by HomeVestors of America Inc.

Only Dallas was a better market than Houston during the quarter, according to the national franchise company, which specializes in buying, rehabbing and selling single-family homes.

Dallas-based HomeVestors, which has purchased more than 35,000 homes in the United States over the past 12 years, based the findings on the number of houses bought in each market by its franchise network.

Other Texas cities on the list were Fort Worth at No. 5 and San Antonio at No. 6.

Typical Sellers to HomeVesters:

Have inherited property and need or want to sell it quickly;

Have investment property inhabited by problem renters;

Are relocating and need to sell their house quickly;

Are going through a divorce and need to liquidate assets;

Are behind on payments and/or are facing foreclosure;

Own a house that needs more repairs than they have the money, time, and/or desire to make

Looking to buy a house or sell your home? Contact Pippa MAC, ReMax REALTOR for more information on homes for sale in The Woodlands.