Show A CASE WHERE YOU LOSE IF YOU WIN by W R MOREHOUSE public relations commission american bankers association this jj is one of a series of articles exposing the wiles of who are after your vow money I 1 EVERY VERY person who takes part in one of the many fake real estate raffles that are going on wins because there are no losers regardless of the numbers they hold the numbers in fa fact et are only the bait to entice people into a the scheme the raffles are what might be termed come on traps to catch investors if you have ever tried your luck with a real estate raffle you doubtless felt like giving three cheers when advised that you had 4 won not knowing that in winning you had taken your first step toward being caught in the trap you were momentarily overcome with joy over your success which looked to you like the luck of a lifetime 41 puffed over your good fortune you hastened out to inspect your newly acquired piece of property A high pressure salesman X representing the syndicate that was waa di giving you the lot walked by your side after a tiresome trip through an undesirable district the salesman pointed out your WR morehouse new real estate holdings a narrow shallow lot unimproved uneven and with no conveniences such as water sewer gas and electricity not even graded streets or sidewalks not worth its taxes before you were fully awake to the fact that you had been tricked your attention was directed away from the unattractive landscape before you to another picture you were shown another lot ideal in its location with all modern conveniences soon to be installed and told that it the lot you drew in the raffle was not entirely satisfactory you would be allowed a credit of for it on one of the more desirable lots being sold to a tew few selected people as a special inducement du and tor for a short time only at the bedrock bed rock price ot of you were urged to take advantage of your further good fortune at being thus selected and to seize the chance to buy one of these special ty priced lots r N A al A f 1 ive won a building lot think of it exclaimed the high pressure salesman it will take only cash as we are willing to allow you a credit ot of where you begin to lose perhaps as you stood there you began to suspect that other winners had come to view the same lot you had won iou if you reached the conclusion that it was being repeatedly used as bait you were right you realized that alter after all there Is nothing tree free about so called tree free things but others unfortunately less suspicious than you would be impressed by the glow ing statements of 0 the high pressure salesman as to the value of 0 the 1950 lot and his bis assurance that it must double and treble in value and would pay over the additional to secure lots worth less than halt half the price they paid tor for them the tew few who would insist on receiving title to the lot won in the take fake raffle would soon be silenced by the statement that it would be delivered to them upon payment ol of certain expenses in connection with the transfer which howe however vei would exceed the actual value ot of the prize lot there Is nothing to be gained in participating to in take fake real estate rattles raffles there are plenty of 0 legitimate legill niata sales raffles usually aro are only bait used to trap you of course you win but in winning you lose if 1 you go through with it before drawing your money out ot of your savings account to go into a real estate scheme consult your bank er or a better business burean to find out whether it Is a bona fide plan spend time to eave money |