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CNN SUNDAY MORNING

Name That House

Aired August 3, 2003 - 10:43   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.

SEAN CALLEBS, CNN ANCHOR: Our founding fathers did it before. Superstars do it today. Now it appears everyday Americans are getting in on the action of naming their homes.
Not every name can have the same cache or as great as Graceland or Mt. Vernon.

But as CNN's Kimberly Osias reports, many people say they are giving their property added prestige.

(BEGIN VIDEOTAPE)

KIMBERLY OSIAS, CNN CORRESPONDENT (voice-over): A rose by any other name is still a rose, right?

Well, that depends on just who you ask.

MARK WYSE, HOMEOWNER: It gives you an exclusivity.

OSIAS: And just what you are naming.

GARRY SMITH, AMERICAN HOME REGISTRY: Just like you shouldn't casually name a child, you shouldn't casually name a home.

DENISE GROOTHUZEN, HOMEOWNER: It was built in 1922...

OSIAS: With stone fountains and a name like Cas (ph) del Sol, you'd expect this house to be located somewhere in the Mediterranean. But try the Pacific Northwest.

GROOTHUZEN: This house will be here -- you know -- after we're gone. It was here so long before we were here. And I feel like we're just kind of caretakers in here to take care of it and make it look good.

OSIAS: Denise Groothuzen is just one of thousands of Americans paying $99 to register their residence. The reasons vary from person to person.

SMITH: It's for family, for heritage, for pride, for purpose and renovation, for many, many reasons.

OSIAS: But there are a few hitches. The name you pick stays with the home. So if you move, you can't take the name with you to the next home.

And, it's only exclusive to a certain area, not nationwide.

CHAD ZINDA, REAL ESTATE BROKER: It's just going to add to the flair and the excitability of the property, but not necessarily give that home more value or make it worth more.

OSIAS: But whether the old-fashioned number gives way to the new-fangled name remains to be seen.

In Seattle, Washington, Kimberly Osias reporting.

(END VIDEOTAPE)

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