Sunday, October 21, 2007

NEW TREND: Home Raffles

What a deal! You could acquire ownership of a new luxury beach home in Oxnard, California, adjacent to Channel Islands Harbor, for the price of $150. Or, on the other coast, you might own a 2,400-square-foot townhouse residence in Vero Beach, Florida (north of Palm Beach), for $20.

These are raffle opportunities – a growing trend for fund raisers, using a home to lure ticket buyers. In these cases, the ticket holders not only have a chance at picking up a very valuable residential property for a super-low cost, but also help support a Boys and Girls Club at the same time. It’s a fund-raising technique that’s working for an increasing number of nonprofit organizations. A home is certainly the most desired of all material possessions.

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