Selling Property? It’s A Lottery
With the Florida property market at a virtual standstill, a couple are offering the chance to bid for a luxury home for just £25 ($37).
Colin and Sue Stafford, who moved from the UK to America in 1997, are running an online raffle for their five-bedroom villa in Orlando, which is worth £841,000 ($1.25 million).
The couple hope to sell 45,000 tickets, which would net them £1.125 million ($1.67 million). As well as the house - set in five acres - the winner will receive a new car, passes to Disneyworld, membership of a local spa and 40 rounds of golf. There will be cash prizes for the runners-up.
Some previous attempts by homeowners to raffle property have fallen foul of gambling laws, so the Staffords have set up a competition in which entrants must answer three trivia questions (www.perfectholidayhome.co.uk).
Entries will close when 45,000 tickets have been sold or on April 30th next year, whichever is the earlier.
The Staffords say they’ve enjoyed living in Florida, but they’ve recently become grandparents and want to spend more time in the UK.
by Andy Moreton
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