Sunday, September 16, 2007

Win This House!


UPDATE: For the record, I am not advertising this raffle. I am reporting that I received a mail advertisement and discussing the rules that I reviewed for the raffle. I am in no way affiliated with this raffle or it's sponsor.

I got a post card from these people this weekend. For $150 you can buy a raffle ticket to win this allegedly million dollar house at 6967 Sale Street in West Hills. West Hills used to be called Canoga Park but they changed the name once Canoga Park was named the Pornography Capital of the World. Actually, I think it was second to Tokyo. But I digress...

The proceeds of the raffle will go to Kadima Academy. If you don't want the house you can get $800k, according to the official rules. They are only selling 18,000 tickets.

BE WARNED: "A minimum of 15,000 raffle tickets must be sold by the ticket sales deadline in order for the Grand Prize Winner to have the choice of the home or the alternative cash prize. If fewer than 15,000 raffle tickets are sold the raffle will be held as scheduled and all final drawing cash prizes will be awarded; however, the Grand Prize will not be the home or the alternative cash amount advertised."

Also key to note: "Kadima Hebrew Academy and the seller of the home do not make any guarantee, agreement, representation, or warranty as to the value of the home, or that the recipient(s) of the home will be able to sell it for any certain price, including without limitation its initial list price or taxable value, or within any given time period."

You can read the whole thing yourself here.

12 comments:

Tyrone said...

Would that be Pornoga Park?

Lets chip in $10-20 apiece and buy a ticket.

Anonymous said...

I thought raffling a house was illegal.

cass said...

I bought a ticket for a similar raffle in Ventura County for the Boys and Girls' Club..... Not sure what happened, but suddenly the aggressive ad campaign was stopped and all kinds of disclaimers were sent out, I suspect they ran afoul of some law or regulation. The disclaimers they subsequently sent were very similar to the ones front and center in the post, perhaps it has been since clarified. Unfortunately they did not sell enough tickets to have the house on the block.

Kate said...

Raffles were illegal in California. The California Constitution was amended by initiative, to allow the Legislature to authorize private, nonprofit, eligible organizations to operate raffles to provide funding for beneficial and charitable works. SB 639 was passed on August 30, 2000, was enrolled and signed by the governor in September of 2000. It became effective July 1, 2001.

Kate said...

BUT, I did think that raffles could not be advertised over the Internet. So this raffle may be running afoul of that guideline.

Kate said...

Here's the Penal Code Section. 320.5(f) prohibits Internet advertising.

cass said...

Heck, violation smiolation. We should pool funds to buy a ticket. Then we can have a super-fun lawsuit over who gets what and what happens to the house when we all win. I am trying to think of a clever headline but am coming up empty.

Anonymous said...

The raffle ended on 9/2/07 and hopefully the winner was smart and took the cash, otherwise they would be stuck overpaying the taxes for this house for years to come....

Kate said...

Anon:

Actually, the Grand Prize Drawing is scheduled for ,i>Sunday, November 4, 2007 at 2:00 pm/i> at Shadow Ranch Park in West Hills, CA. Only the early bird drawing has passed.

Cass:

Don't be silly! We would draw up a contract dictating that the cash and NOT the house will be chosen with each participate taking a pro rata share AND total waiver of all prize money if you institute litigation against any other party.

Eh, maybe you're right. An old fashioned court house rumble could be fun.

cass said...

Isn't there a new tv show starring Phil Spector's former defense attorney--celebrity jury or some such thing?... Seems like it would be the perfect venue. We could all become reality TV stars and then buy houses in the Palisades or Malibu, bubble be damned!

Tyrone said...

I'm getting ideas for new TV shows:
* Sue This House
* Foreclose That House
* Flip That Realtor
* My Home is Worth What?! Part 2--the Crash

'Flip That Realtor' has colorful variants. :)

Harris said...

Its time not to delay further as you can win either a house or $800. I think you will find very few amazing deals like this. You can chip in a few dollars to buy raffle tickets and win this amazing offer.