Win A Home
Here’s an interesting one I cam across - don’t know what you think, but it is an unusual way to deal with a mortgage problem!
. J.J. Rodgers is sponsoring an essay contest - and the prize is her four bedroom Colorado home.
It will cost you $100 to enter by submitting a 500 word essay. Rodgers is hoping to get at least 2000 entries so she can pay off her mortgage and other costs on the house. But there is a catch; if there aren’t enough entries, she’ll refund everyone’s money.
I applaud her creativity. It’s either the contest or foreclosure, apparently. It is their second home, but they want to send their four kids to college with the money. The contest has been covered in a number of newspapers, including MSN.com which has excerpts from some of the essays received so far. All the money goes into some kind of trust and won’t be touched until the conclusion of the contest.
If you want to enter, send your 500 word essay and $100 to:
Colorado Home Essay Contest
PO Box 436
Fort Collins, CO 80522.
Include your name, mailing address, phone and e-mail. Cashiers checks or money orders should be made out to Colorado Home Essay Contest. Include a self-addressed stamped envelope (I guess in case they have to return the fees). The winner will be notified May 31. The judges are an independent panel of five people.
Be aware you’ll have to pay taxes if you win the house, just like if you won the lotto.
For all you people stuck with a mortgage you can’t afford, I send positive thoughts out into the universe and hope the coming year will bring better fortune - or at least an essay contest of your own.
The first deadline has been extended to May 25.