House Raffle Q & A

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With the successful Edgewater house raffle hitting the network news, I’ve received lots of emails from homeowners interested in holding a house raffle as a way to sell a house in a difficult housing market. Some homeowners see it as an antidote to foreclosure, others see it as a solution for an upside down mortgage.  [...]

I got a great house raffle question from a reader right at the end of the year. I expect many people may have the same question and concerns, so I’m posting both his question and my answer—