The tomato that paid the mortgage
Sage real estate editors and reporters will tell you that any story can be a real estate story. (Witness Peter Vilesâ€™ filing last week on that chunky foreclosed-upon cat.)
So it was flipping through â€œIn Praise of Tomatoesâ€ (2004), by Ronni Lundy, in search of a summer recipe, that I found this tale: Back in the '30s, West Virginia mechanic M.C. Byles cross-bred four hefty varieties to come up with plants that yielded tomatoes averaging 2.5 pounds. Selling the plants for $1 apiece, he was able to pay off his $6,000 mortgage in six years. These heirloom tomatoes, still around and available for purchase, are called Radiator Charlieâ€™s Mortgage Lifters.
Of course itâ€™s unlikely anyoneâ€™s mortgage woes today will be solved by a tomato. But who can top that for an unlikely way to pay off a home loan?
-- Lauren Beale
Your thoughts? Comments?
Photo credit: Los Angeles Times