House Raffle Is Possible For Some Sellers In Some States
House Raffle Is Possible For Some Sellers in Some States. In the past, we have written about house raffles and how only charities or other qualified not for profit organizations can legally conduct house raffles. Now, however, it seems that homeowners have teamed up in at least one state to set up…
Want to Raffle Your House? Mostly, You Can't
Thinking of conducting a house raffle to unload your house instead of selling it? It's illegal for homeowners to raffle off their own house. Instead, you have to work with a nonprofit organization and transfer ownership of the house to them. The nonprofit can then raffle off your house, and you'll…
Today on the Clark Howard Show - Friday August 7, 2009
Today on the Clark Howard show, we discussed the new unemployment numbers. Ilyce talked about her upcoming How to Profit From Foreclosures event, on October 24th, and mentioned that Clark Howard listeners would get a special 2 for 1 offer on the Early Bird Special. Details of the offer are below. We…
Choose Auction, Not Lottery and Not House Raffle, When Selling Your Home
Thinking about a house raffle or selling your home using a lottery?
While selling your home through a lottery or house raffle may seem appealing, it is illegal in most states. If you're desperately selling your home, you may want to auction off your home instead. Learn why selling a home via an…
Selling Home Through A Lottery
In some states, selling homes through a lottery or raffle is legal, but may be strictly regulated. If you plan to have people participate in your home or house lottery that are from states other than your own, you may have to comply with the lottery or raffle rules in each of those states.
