Couple Raffles Off Michigan House

How would you like to win a house? In Michigan, Penelope and Joe VanDevelder are raffling off their house in Waterford after it failed to sell despite more than two years on the market. Full Story
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kimberly

Logan, UT

#1 Nov 10, 2008
Isn't it illegal to hold a house raffle in Michigan that isn't directly associated with a non-profit? And don't they legally have to offer tickets for free, have a set drawing date, have legalities listed on their website etc.
InsuranceBabe

Miami, FL

#2 Nov 10, 2008
Raffle is "On Hold" - whatever, maybe its not legal or something, house looked very nice........
bbb

Coral Gables, FL

#3 Nov 10, 2008
Legalities aside...it's still a novel way to sell your house. In today's market, between jingle-mail (of foreclosed keys sent to the mortgage company), rates, and other factors, one must be innovative.
kimberly

Logan, UT

#4 Nov 10, 2008
yeah, but if it's not legal then the people that bought tickets could be out their money.
JohnQPublic

Traverse City, MI

#5 Nov 10, 2008
Fantastic idea, except that in MI only certain charities are allowed to conduct raffles.
Jay

White Lake, MI

#6 Nov 10, 2008
I'd fire your laywer! Any laywer should know that the Michigan gaming laws forbid this. We would all being doing this if it were legal!
Celeste

Carmel, NY

#7 Nov 11, 2008
Thought this was a great idea but I thought that raffle tickets unless for non-profits were illegal. Maybe they should legalize it and this way many people can sell their houses as opposed to losing them. Have many friends trying to sell their houses on Martha's Vineyard and can't.
Local Lawyer

Southfield, MI

#8 Nov 11, 2008
kimberly wrote:
Isn't it illegal to hold a house raffle in Michigan that isn't directly associated with a non-profit? And don't they legally have to offer tickets for free, have a set drawing date, have legalities listed on their website etc.
Yes, it is illegal unless they have a raffle license which only a non-profit can obtain. There was a follow-up article on WXYZ.com . You can read all about Michigan raffle requirements here:

www.michigan.gov/documents/BSL-CG-1824_26045_...
Tony

Chicago, IL

#9 Nov 11, 2008
Here is a legitimate consumer to consumer bailout that doesn't require government tax dollars or intervention. Lo and behold, we are denied the opportunity to help each other. Maybe they can call it something other than a raffle and conduct it differently than the statute.
KIM

Clarkston, MI

#10 Nov 11, 2008
We purchased one of the raffle tickets and they called us and told us we could stay in and wait for them to hold it legally or we could get our money back. We are choosing for now to get our money back and waiting to see what if anything they can do to make it legal. They were very sorry for the problems and gave us our money back. I agree with Tony in Chicago, that this is a great way for two people to help each other.
Bobbi Jo

Oscoda, MI

#11 Nov 12, 2008
I too find it to be an innovative way to sell a house. If and when this becomes legal I would be willing to try this process on my own home.
tile guy

Concord, NC

#12 Nov 12, 2008
this is what i was going to do with mine. glad i checked it out. hope they can make it legal.
Brian

Evanston, IL

#13 Nov 19, 2008
tile guy wrote:
this is what i was going to do with mine. glad i checked it out. hope they can make it legal.
In this economy with the housing market as bad as it is, they should lift that law. I mean yes, alot of people would do it, and alot of people would get wealthly quick. but the fact of the matter is, if we are allowed to do this, it is a win win situation for everyone. think about it, if you rafled off your home and made a decent amount of money, you would pay off the mortgage, and in turn get a new mortgage on a new home that you wanted. so in turn the banks still make their money. then you have to pay taxes on all the money you make, so the Fed makes money, as do the state. Not to mention that once people start having money again, they wont be afraid to start spending money again, which in turn starts getting us out of the dump of a recession. just my personal thought. I am Brian, and i approve this message.
mwilson

Grand Rapids, MI

#14 Nov 19, 2008
I was just looking into this as well. You do have to be non-profit in Michigan. I think I'll call Rush and Hannity and see if they will make a fuss for us.:)
Lynn

Greenville, MI

#15 Nov 23, 2008
We are plannig to do the same thing with our house. The lawmakers in this state are not smart enough to relize this is win for everyone. (except the realtors)
Sean

Mobile, AL

#16 Nov 25, 2008
Lynn wrote:
We are plannig to do the same thing with our house. The lawmakers in this state are not smart enough to relize this is win for everyone.(except the realtors)
Who says it is not a win for realtors my realtor suggested it to me and I am/was as we have found out that we can not do it, going to use them to market the home for the "raffle". All parties win in this scenario except the government who is worried that they can't track all of the monies that are collected and properly tax them.
Peace

Ann Arbor, MI

#17 Nov 30, 2008
...the expression "win-win" is being repeatedly used in responses here, but, it's actually a case of "win-win lose, lose, lose, lose, lose, lose, lose,(and on and on)" ... all those losing tickets. And, who would regulate this chaotic nonsense? Oh that we all were ethically wired and mathematically gifted, but that is sadly not the case. Policing individual home "raffles" (and those of any other personal property) would require an infrastructure the financial support for which would create further loss for all taxpayers in order to benefit those holding the raffles. Take some time, think it through, and don't get yourselves in further financial trouble.
Beverly

Taylor, MI

#18 Dec 12, 2008
And what is there to stop me from holding a raffle on my $200,0000 home and putting the money in the bank, claiming someone had won it. A relative or friend working with me and getting a percentage. We could do this on their home also in reverse. The legal cost of getting your money back wouldn't be worth pursuing.
Steven Murdy

Nashville, IN

#19 Feb 2, 2009
Tony wrote:
Here is a legitimate consumer to consumer bailout that doesn't require government tax dollars or intervention. Lo and behold, we are denied the opportunity to help each other. Maybe they can call it something other than a raffle and conduct it differently than the statute.
Yea, call it an entry fee.
Steven Murdy

Nashville, IN

#20 Feb 2, 2009
Don't call it a raffle! Call it a contest and that there is an entry fee.

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