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Tue 19 May, 2009 01:45 pm
Hm, I tried posting this earlier but it seems to have disappeared, possibly because there were two links to news stories/recent examples of what I'm referring to? I'll try again without them.
Basically I'm just curious if anyone has bought tickets in a recent home raffle (there seem to be tons of them) and if you did how you know it was legitimate.
In San Francisco right now there's a "dream home" being raffled off that some friends of mine pitched in and bought tickets for; but it's being done through a local non-profit, whereas others seem just out of nowhere. There was another story I found about the "sad truth" of home raffles that essentially said most folks go about raffling the wrong way, and fail miserably: which is unfortunate, because in a lot of situations they're doing it to unload an expensive property they can't manage.
SIL looked into selling her home by raffle and found out that our state only allows bonafide nonprofits to legally hold a raffle. I imagine it's different in different places and, as in all things, there will be crooks and honest folks involved in the process.
Quote:SIL looked into selling her home by raffle and found out that our state only allows bonafide nonprofits to legally hold a raffle.
Ahhh...I believe you are right, and the same goes I think for California, which is probably why most of their raffles have been fairly successful.
I had a friend raffle off her place in New York. I don't know if it is still legal. This was some years ago.
Actually, they're not only legal in CA, they're lucrative -- or so I have subsequently discovered. I bought tickets to the sf dream home raffle, which ends tomorrow...kind of interesting. There's supposed to be even more of these things starting up in CA soon. Probably a trend due to the housing market.
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