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IT'S CALLED “WIN A FREE HOME,” BUT THE TRUTH IS THE DEVELOPERS of Fallen Leaf at Galena, a 245-unit, 20-plus acre condominium project in Reno, Nev., will actually refund the purchase price of a home—including upgrades—to one of the first 40 buyers to close since the promotional campaign launched in September 2006. “They can pay off the mortgage, save for college, take a trip; it's up to them,” says Taylor Cohee, vice president of sales at Pacific West Cos., the developer. With base prices into the $320s, he says, “It's really going to change someone's life.”
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