Dallas, Texas - 26 February, 2004 -

HomeVestors of America, Inc. executives and Houston HomeVestors franchisees participated in SuperBUILD XXXVIII, a Houston Habitat for Humanity event that built 38 homes in 38 days in recognition of Super Bowl XXXVIII and the anniversary of Habitat for Humanity’s first home. “It was an amazing experience,” said Bill Klingberg of Asset Enterprises, Inc., a Houston HomeVestors franchise owner. “We were pleased HomeVestors was able to be a part of the project. It was a tremendous feeling to know HomeVestors could help give 38 families a much needed home.” HomeVestors participated as a Player category level sponsor by donating $15,000 to the event and spending more than 300 hours of time at the building site. Twenty eight HomeVestors executives and franchise owners took part in the final day of construction on Jan. 30. Officially sanctioned by the National Football League as a Super Bowl XXXVIII event, SuperBUILD attracted more than 5,000 dedicated volunteers who were concerned about the problems of substandard housing in Houston and wanted to make a difference. The build took place in two northeast Houston subdivisions, Wood Glen and Greensbrook. Homes were sold at cost to employed citizens who earn $18,000 - $29,000 a year, not enough to obtain conventional mortgages. The buyers contributed a minimum of 300 sweat equity hours and $800 toward the closing cost of their new home, enabling them to apply to pay less than $500 on their monthly note with no interest. “HomeVestors franchisees routinely take part in local Habitat for Humanity events across the United States,” said David Young, president of HomeVestors. “Habitat’s mission of providing a home to those who lack adequate shelter is admirable, and HomeVestors wants to use its abilities and resources to refurbish homes and assist as often as possible.” About HomeVestors of America, Inc. Founded in 1989 and franchising since 1996, Dallas-based HomeVestors of America, Inc., has more than 200 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.

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