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| NewsSaturday, March 31, 2007 8:46 PM CDT |
Bloomington man wins $250,000 in essay contest
BLOOMINGTON -- A rainy day turned bright Friday for Bloomington resident Vicente Adame, the surprised recipient of a $250,000 check from Wells Fargo Home Mortgage. Adame won the prize for an essay he wrote about his journey from his dirt-floor childhood home in Mexico to his current Victorian home on East Grove Street in Bloomington. “Vicente’s story clearly epitomizes the American dream come true. It’s exactly why we launched the Great American Homeowner Challenge,” said Wells Fargo Division President Cara Heiden, after telling a shell-shocked and speechless Adame and his wife, Jen, they had won the national essay contest on homeownership. “When families own their home, they are stronger. They feel rooted. They feel safer,” she said. More than 21,000 people nationally entered the contest, which was created with best-selling author David Bach to inspire Americans to buy their first home. “Vicente and Jen, you are now a story I will tell in a future book,” said Bach, author of The Automatic Millionaire Homeowner and a frequent guest on “The Oprah Winfrey Show.” “Your story will inspire millions of Americans who are considering buying their first home.” Adame grew up in rural Mexico in a one-bedroom, dirt-floor house without plumbing or electricity. He moved to the United States as a teenager, worked for a cleaning company after high school and bought his first home when he was 22. It was a small house that needed a lot of work, Adame said, but nonetheless, it was a life-changing event. As equity grew, Adame bought his mother a home, then his brother a year later. Then, he purchased investment property and eventually became a real estate agent for Coldwell Banker Heart of America in Bloomington. “If I did it, you can do it too,” Adame said. “It’s not as hard as people think.” Adame’s journey to financial security via homeownership made him the obvious choice for Wells Fargo and Bach. “I was really touched that you gave back to your family right away,” Bach told Adame. Plus, Adame was smart, Bach said. He bought what he could afford and let his equity grow so he could eventually buy the four-bedroom home where his wife and two children, Yesenia, 11, and Victor, 3, now live. Wells Fargo gave the children a gift bag with an iPod and other prizes and will buy the Adames a house valued up to $250,000. What will they do? Yesenia wants her parents to buy the house down the street that has an elevator. Her mother doesn’t think so, and that house isn’t for sale, she noted. “This is the home I brought my son home from the hospital to, so I’m not sure I want to give it up,” Jen Adame said. “The home is everything we ever wanted.” Instead of selling and upsizing, the Adames likely will purchase more investment property and work toward their next dream, she said. The family wants to be debt-free and purchase the Mexican mountainside where Adame grew up. They want to build a vacation home right next Adame’s childhood home. “But not tear it down,” Jen Adame noted. “It will bring him full circle.” Adame's winning essayEditor's note: This was the essay submitted by Vincente Adame that was chosen as the winner of the Great American Homeowner Challenge. When I was a child, I was a dreamer and was fully determined to make something of my life, but I could not have imagined the dream my life would become – a dream that began when I made the decision to buy my first home. You see, I was born 34 years ago in a one-room, dirt floor house in a rural village of Mexico. Without plumbing or electricity, we bathed, cleaned clothes and washed dishes in a small creek nearby. At 16, I was brought to live with family in the United States, where I attended school and learned English. Although I worked very hard and excelled in my job, I had very little to show for my money. I took a life-turning step that set my dreams in motion when I bought a simple bungalow. At the time, it didn't seem like a major decision; I simply didn't want to pay rent any longer. However, the freedom I felt was something I wanted to share with the world. As equity built up, I used it to buy a home for my mother, and another for my brother the year after that. This was amazing! I then purchased a commercial property. With the rents received, I've invested in four additional properties. Five years after purchasing my first small home, I moved to a beautiful, 4-bedroom Victorian on a street straight out of a story book. Last year, I became a Realtor, the only Spanish-speaking Realtor in our area, because I enjoy nothing more than to help others find the life-changing freedom in owning their own home. I try to imagine going back in time to tell the 7-year-old at work in the fields that some day he would own a big beautiful dream home, and that his children would go to school and play without ever worrying about their family's finances. That determined little boy would have laughed at the fairytale I was telling him. Then, he would have gone back to work to make that dream come true. |
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