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$50 house

 
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Old Nov 12, 2008 | 08:09 PM
  #1  
JustJAY's Avatar
JustJAY
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From: MD
$50 house

I just saw this on CH.4 news. This homeowner who is also a Mortgage Broker is raffling off his $1,000,000. home for a $50 raffle ticket.

Here is the link.
 
Old Nov 12, 2008 | 11:39 PM
  #2  
guyver423's Avatar
guyver423
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From: Montebello, CA
crazy!
 
Old Nov 13, 2008 | 03:38 AM
  #3  
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From: Washington DC- Annapolis MD
Actually, according to the rules, the house won't be sold for less than
$ 1,575,000.00 which is not not a bad deal for the seller (s).. and since there is a 99% refund of each ticket sold (in case the min. required tickets are not sold) the seller (s) doesn't have any out of pocket expenses..
Clever and safe idea..
 
Old Nov 13, 2008 | 08:18 AM
  #4  
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MrMellowYellow
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From: Germantown, MD
Plus it's by where all the cool MINI people live!

I'm in if for no other reason than to be Dennis the Menace to Ed (aka, mr. wilson) should I get the home.

MrMY
 
Old Nov 13, 2008 | 07:04 PM
  #5  
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it's near the South River bridge...I've passed by it a lot as my dog groomer and dentist are both in Edgewater. I bet Ed's seen it a lot too.
House looks nice(that photo's shot in the back yard) but it's about 70 feet from Rte.2...noisy and busy...but close to everything at least.
 

Last edited by kgdblu; Nov 13, 2008 at 07:09 PM.
Old Nov 13, 2008 | 08:03 PM
  #6  
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e30r56
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From: Lanham, MD
Isn't there a large garage out back too?
 
Old Nov 14, 2008 | 09:07 AM
  #7  
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D-Unit
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From: Huntingtown, MD
Damn, a friend and I were considering moving to Edgewater, don't think we could afford it yet though. This is awesome, but I don't want to throw away $50.
 
 
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