I'm on the job finding contests for you. If you are looking for a unique gift, a raffle ticket for this house may be it.
A local couple, Tom and Diane Walters, can no longer meet their mortgage debt, so they are raffling their $1.28 million Edgewater, Maryland home. The house is located in Anne Arundel County near Annapolis.
A limited number of tickets at $50 each will be sold and the drawing is December 31, 2008.
The Walters have also teamed with a local charity, We Care and Friends, who will receive 10% of the proceeds.
Go to the Fifty Dollar House website to take a virtual tour of the 6000 sq. ft. home, to purchase a raffle ticket, and to read the official rules.
Watch this CNN interview with Tom and Diane Walters:
Let me know if you and Fido win. I'll let you know if I do and we'll have big old party!
Read the article: Very Deep Recession by Steve Christ, the Baltimore Personal Finance Examiner
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