Okay, so the house isn't really on the market for a measly $10. This is in fact another case of Florida homeowners setting up a raffle to try and offload their home quickly and for a respectable price rather than officially putting it on the market for sale.
Miles and Laura Brannan own a six bedroom house in the Coral Ridge Country Club in Fort Lauderdale, which they bought in 2005 for $2.35 million. They are hoping to sell 300,000 tickets, with part of the proceeds benefitting a Miami church.
Of course, 300,000 tickets at $10 each equals a haul of $3 million! So for a property to be sold at that amount today when it was bought for $650,000 less four years ago is - to be putting it politely - a rather astonishing rise, given current economic conditions!
Too see the house, take a look at the Florida Luxury Auctions website.
Article: $10 raffle ticket could buy Fort Lauderdale home worth millions (28th March 2009, Sun Sentinel)
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1 comment:
Nice ghoulish article … very fitting for the season and impressivly damn interesting.
That was awesome! Probably one of the more interesting reads in awhile.
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