Residents Turn Their Home into Billboard to Pay Mortgage
Apply for a Loan
Secured with SHA-256 Encryption
UPDATED: Feb 14, 2012
Advertiser Disclosure: We strive to help you make confident loan decisions. Comparison shopping should be easy. We are not affiliated with any one loan provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about loans. Our goal is to be an objective, third-party resource for everything loan related. We update our site regularly, and all content is reviewed by experts.
Feeling worn out from the weight of an ongoing home mortgage loan? Try turning your house into a permanent billboard in return for payment. That’s one of the newest, albeit unusual, approaches some are taking in order to secure themselves in their home.
Scott and Beth Hostetler did just that, as their fuming neighbors watched their house turn from a classic drab color to the bright, neon orange that it radiates today. For nearly $2,000 a month, a marketing company called Braniacs from Mars is paying this Buena Park couple for this new residential advertisement.
Romeo Mendoza, the CEO of Braniacs for Mars, told Reuters that he is trying to turn 1,000 homes across the United States into these giant, permanent advertisements for his business. For each homeowner that agrees to host his house-billboards, Mendoza will make their mortgage loan payments for one full year.
“If we roll it out to scale and impact the foreclosure crisis, that would be amazing,” the 42-year-old CEO told Reuters.
The Hostetler’s were chosen because Mendoza thought they were a nice and deserving couple. Gaining favor with the CEO is helpful in this selection process, as the marketing firm has reported it has already received over 38,000 applications. Unsurprisingly, most of those applications are from California, Nevada and Florida—the three cities that were his hardest by the housing collapse.
“The response has been overwhelming,” said Mendoza. “People are hurting, and struggling to stay in their homes. If we can help some of them, that would be great.”
The marketing firm is definitely receiving publicity from this stunt too—but it’s not all positive.
“This does not follow with the city codes,” said Fred Smith, a Buena Park city council member, according to Reuters. “They are going to be in trouble. They need to go someplace else.”
And it’s not just the local government’s that’s expressing distaste. Some feel the vibrant colors, pictures, and aesthetic separation from neighboring units create an ugly and embarrassing intrusion.
“If it’s for a month, I’m ok with it,” explained a neighbor named Vivian Largent. “But no longer.”
After sacrificing their home’s aesthetics and perhaps a few of their ties with neighbors, the Hostetler’s have at least bought themselves another year in their home. The question remains though: is it worth it?