Oct
28
David W asked:
I have a 500k home but only repo’s are selling, and need to move shortly. I’ve seen where people sell 5000, $100 raffle tickets and anything over market and fees goes to a charity. How do I do it, and what Legal boilerplate do I include? “Void where prohibited” covers most since many states and countries buy these on ebay. My state has a lottery so raffles are ok.
fundraiser
I have a 500k home but only repo’s are selling, and need to move shortly. I’ve seen where people sell 5000, $100 raffle tickets and anything over market and fees goes to a charity. How do I do it, and what Legal boilerplate do I include? “Void where prohibited” covers most since many states and countries buy these on ebay. My state has a lottery so raffles are ok.
fundraiser
Comments
2 Responses to “How do I sell my home legally using a raffle?”
Just because your state has a lottery does not mean you can have a raffle without a license and usually without being a non-profit organization.
You need to contact a real estate attorney in your state. I do not know of any states that allow private people to hold a lottery.
check with a lawyer but I believe the house as to be already paid off and clear and free of all dept to do a raffle.
How do these people know that you won’t take off running with their money or if it’s even legally your house?