CHICAGO, June 1 /PRNewswire/ -- HomeFinder.com, the site where homes and people find each other and connect with real estate professionals, today announced the launch of its Cash to Close Sweepstakes. From June 1 through July 15, 2010, home buyers can enter for their chance to win one of three cash prizes of $10,000, $8,000 or $7,000, respectively, to use toward closing on the home of their dreams. The online entry form and official sweepstakes rules can be found at www.homefinder.com/sweepstakes.
"We timed this promotion to launch on the heels of the federal home buyer tax credits which expired April 30," said Tim Fagan, CEO of HomeFinder.com. "We wanted to do our part to provide our own stimulus plan to help home buyers make the ultimate investment of owning their own home."
The Cash to Close Sweepstakes was created to continue the momentum the federal tax credits generated, helping to incite potential home buyers to make their move in this market of affordable home prices, reasonable mortgage rates and record inventories. It runs from June 1 through July 15 and requires no purchase to enter. Unlike the federal program, which offered eligible first time buyers $8,000 and repeat buyers $6,500 in tax credits, the Cash to Close Sweepstakes puts cold, hard cash in the hands of three lucky winners, and lets them spend it as they see fit.
HomeFinder.com's Web site, one of the fastest growing in the real estate category, currently lists more than 3.5 million homes for sale. By launching the Cash to Close Sweepstakes, HomeFinder.com hopes to help three buyers find their perfect home and realize their dream of purchasing that home, by giving them the cash they need for closing costs.
"We realize buying a home is one of the most important and fundamental purchases a person or family will ever make in their life," Fagan said. "Our goal is to help make that more attainable, or at the very least, generate some excitement to help serious home buyers take the next step."
The Cash to Close Sweepstakes is open to legal residents of the 50 United States and District of Columbia who are 18 years of age or older as of today and who are not otherwise ineligible. Potential prize winners will be randomly drawn from among all eligible entrants the week of July 23, 2010.
Potential winners will be notified directly, but all entrants are also encouraged to "like" the HomeFinder.com Facebook fan page at www.facebook.com/homefinderdotcom to get the latest sweepstakes updates and announcements, as well as valuable home buying and selling info.
How to Enter the HomeFinder.com Cash to Close Sweepstakes
Entries must be submitted between June 1, 2010 at 12 A.M. EDT and July 15, 2010 at 11:59:59 P.M. EDT.
There are two ways to enter:
ONLINE ENTRY: Eligible entrants may go to www.homefinder.com/sweepstakes and then follow the instructions on the promotional Web site to enter the Sweepstakes.
MAIL-IN ENTRY: Eligible entrants may hand print their name, complete address, phone number (area code included), and date of birth either on a postcard or on a separate piece of paper no larger than 8 1/2 x 11 inches, and mail the postcard or paper in an envelope with proper postage affixed to: HomeFinder.com Cash to Close Sweepstakes, 175 West Jackson Blvd., Chicago, IL 60604.
Mail-in entries must be postmarked by July 15, 2010 and received by July 22, 2010. Mail-in entries postmarked before June 1, 2010 will be disqualified. See www.homefinder.com/sweepstakes for official rules and guidelines.
HomeFinder.com is one of the most trusted Web sites for consumers to search for a home and connect with a real estate professional. Distinguished by its inventory of comprehensive property listings and rich content, HomeFinder.com provides more than 3.5 million listings with customized searches and multiple options to view and manage results.
HomeFinder.com also provides simpler, more valuable online advertising solutions for agents, brokers and builders, combining the brand power of more than 130 local newspaper Web sites with exposure on a national scope, in a platform that tracks every phone call, email and click a consumer makes.
Owned jointly by three leading media companies, Gannett Co. Inc. (NYSE: GCI), The McClatchy Co. (NYSE: MNI) and Tribune Co., the HomeFinder.com Network includes The Arizona Republic, Chicago Tribune, The Miami Herald, Los Angeles Times and The Indianapolis Star. For more information, visit http://www.homefinder.com.