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>> No it's in the contract that if he doesn't get what he wants and backs out he will return the money to all entry's. It shows to be on the up and up and legit. I like the house but it's way too small for the price, I don't care how good a location is, that house is smaller than many apartments and the winner/buyer still has to pay all the taxes every year on an appraisal of market value.It's kind of a unique way to sell.
@Burnsway: On the late news, they showed the family that is selling this house. In it, he restated that he WILL refund everyone's money except the winner. But he also said that he hopes to get close to market value for the house with this "deal"?!?!
@Retired_Engineer:
The entry fee is non refundable. According to this article and local 2 reported the same thing. If it works out for him, I might consider selling the same way! Could be a REAL money maker!
@squirtismyboy: Â So, is the $150 an entry fee or to buy the house? Â If it's a non-refundable entry fee, how can he say he will return everyone's money? Â The more confusing something is, the more likely it's a scam. Â Even when his wife denied that it's a scam, she looked back at her husband like she wasn't sure.
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