oc | Friday 10th April

The James Money Bin Competition.

The James Money Bin Competition

cash house

This year we are looking at trying to help the younger members of the community, make good decisions about buying homes and we want to hear what they have to say.

you own property, own the home

We have five opportunities to give away $1,000 through out the next few months.

The aim of the competition is to share home buying experiences amongst Young Homebuyers.

It is called the James Money Bin Competition because that is what a good home should be. It’s like living in a place where you just seem to keep getting more and more money, and happier and happier, spiritually and emotionally over the longer term. The James Money Bin Competition was named after the home of Disney’s Scrooge McDuck – he called his home the Money Bin. “A day without looking at me Money Bin is like a day without sunshine!” – Scrooge McDuck.

How to enter:

  • Write an essay on “A solution to buying a home under $1,000,000”. It must be a solution that a younger individual or family can implement – not a government solution.
    OR write a letter about your experience. It could be what worked, what didn’t work or what you would do differently.
  • It should be between 300 – 1500 words.
  • Like the James Buyer Advocates Facebook and Instagram.
  • Submit your entry via email to mal@james.net.au, with the subject line as “The James Money Bin Competition”.

Our hot tips to win:

  • Be creative, be smart, be real.
  • Raw honesty is appreciated.
  • Be specific, include real positions, properties and real prices.
  • You may wish to incorporate some James lingo (listed below).
  • Read the Younger Homebuyer articles written by Mal James published in The Age 2014 (links below).
  • Download the Young Home Buyers Guide!

James Lingo:

  • The 3 Ps: Price, & Position.
  • Landholders: Landholders or Homebuyers – you own property, own the home you live in and in the future will generally stay in one specific place for large periods of time – building on each home as an increasing base of emotional, possibly spiritual and definitely financial stability.
  • Nomads: You are like Gypsies, like old tribal societies that moved regularly – you are renters, with limited tenancy rights. You have ties to an area, but by or circumstance you don’t or can’t stay in one specific spot for long and tend to move around from place to place within an area.
  • Drifters: Homeless, constant travellers, refugees – you have no ties and for the most part no control over where you live. You move often and you disconnect from your surroundings on a regular basis.
  • Housekeeping: A James term used to refer to key factors you must have organised before auction day (or before you offer). Housekeeping factors include solicitors checking , finances, calling the local council to check for surrounding building permits and pest and building inspections.

Links to the Younger Homebuyer articles:

Official Rules:

  1. There is no entry fee. You do not have to make a purchase or subscription to enter or win.
  1. Eligibility: The competition is open to residents of Australia, thirty-five (35) or under, as of the date of entry. Employees of James Buyer Advocates and its, affiliates, or individuals providing services to James Buyer Advocates during the competition, and their respective immediate family members and persons living in their same household, are not eligible to participate in the competition. Participation in the competition on constitutes entrant’s full and unconditional agreement to and acceptance of these Official Rules (“Official Rules”). VOID WHERE PROHIBITED.
  1. Notification of Winners: Winners will be notified within ten business days of the conclusion of the competition. If a selected winner cannot be contacted, is ineligible or fails to claim a prize, the prize may be forfeited and an alternate winner selected from remaining valid, eligible entries timely submitted.
  1. Ownership: In the event of a dispute regarding who submitted an entry, the entry will be deemed submitted by the authorised account holder of the email account specified in the entry. “Authorised account holder” is defined as the natural person who is assigned to an e-mail address by an Internet access provider, online service provider, or other organization (e.g., business, educational institution, etc.) that is responsible for assigning e-mail addresses for the domain associated with the submitted e-mail address.
  1. Privacy: Except where prohibited, by participating in the competition and/or winning any prize, all entrants/winners consent to the use of his/her name, for advertising and promotional purposes. Including without limitation, inclusion in James Buyer Advocates newsletters, website(s), social media web pages such as Facebook, Twitter and Instagram without additional compensation.
  1. Additional Considerations:
    • By entering the competition, all entrants agree to be bound by these Official Rules. James Buyer Advocates is not responsible for (i) late, lost, delayed, damaged, incomplete, illegible, misdirected or undeliverable entries, responses, or other correspondence, whether by, form fill, e-mail or postal mail or otherwise; (ii) the, destruction, unauthorized access to or alterations of entry materials; or (iii) phone, electrical, network, computer, hardware, so ware program or transmission malfunctions, failures or difficulties.
    • By participating in The James Money Bin Competition, each entrant agrees to release, indemnify, defend and hold Sponsor and its parent, affiliates, subsidiaries, directors, officers, employees, sponsors and agents, including advertising, and assigns, and any other organizations related to the Promo on (the “Released Parties”), harmless from any and all claims, injuries, damages, expenses or losses to person or property and/or liabilities of any nature that in any way arise from participation in the competition on or acceptance or use of the prize or parts thereof, including, without limitation, (i) any condition caused by events beyond Sponsor’s control that may cause the Promo on to be disrupted; (ii) any injuries, losses, or damages (compensatory, direct, incidental, consequential or otherwise) of any kind arising in connection with or as a result of the prize, or acceptance, possession, or use of the prize, or from participation in the Promo on; and (iii) any printing or typographical errors in any materials associated with the competition.
    • James Buyer Advocates reserves the right, in its sole discretion, to cancel, modify or suspend the competition on in whole or in part, in the event of fraud, technical or other difficulties or if the integrity of the competition is compromised, without liability to the entrant. James Buyer Advocates reserves the right to disqualify any entrant or winner, as it determines by its sole discretion. The competition is subject to these Official Rules and all applicable federal, state, provincial and local laws and regulations apply. As stated above, the competition is void where prohibited or restricted by law. These Official Rules are governed by the law of Victoria, excluding rules governing choice of laws.
    • The five entrants deemed the best and selected and published in James Market News will be at the discretion of James Buyer Advocates.



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