[asphaltgambler]

Braintrust.......................has anyone ever (publicaly) done a sweepstakes/lottery on Real Estate?? I was told that only established charities could lawfully hold sweepstakes lotteries??

I'm trying to think of out of the box ways to sell my Dad's prime property - custom built house and almost 8 acres of land in Va's horse country. Spent a lot of dough getting it in great, no excuses saleable condition, interviewed multiple agents, lowered the price twice in 5 months to almost tax value, some tire kickers, some like it a lot - no firm offers

My thought was to sell 2500 tickets @ $250 per for a chance to win the house. if we dont sell enough with in 10 months, we'll donate all proceeds to Childrens hospital. Will set up escrow at local bank etc.

I was told this is not legal?? Anyone else here have experience with not-so-obvious real estate selling to get it sold??
Thanks!!