You decide to put your house on the market and it appraises for $300,000. The mortgage payoff is currently $220,000. After 8 months on the market, you have only been offered $250,000 by one interested buyer. Other buyers have offered, but have been unsuccessful in obtaining a mortgage. Given this, and the declining economy, you are not satisfied that you will get what you feel you deserve for your home.

A friend tells you that with the help of a Non-Profit organization, raffling off your home is a possibility. You connect with a Non-Profit organization through USAHomeRaffle.com, who agrees to raffle off your home. The Non-Profit organization sells 8,000 raffle tickets at $100 each.

The day of the raffle contest arrives, and a lucky family is awarded a home with no mortgage responsibility.** At the same time, the Non-Profit organization purchases your home at its appraised value, leaving you with $80,000 cash profit!

The Non-Profit organization pays any expenses with regard to conducting and marketing a successful raffle contest. When all debts are settled, the Non-Profit organization is left with the remaining balance to continue its philanthropic work in the community.

Everybody Wins!!!

Lets look at the big picture and what happens to the local economy here:

• There was a settlement when the home changed hands from the home owner to the non profit. Title companies, real estate attorneys, and mortgage companies all found work and were paid in order for the settlement to happen.
  
• The previous homeowner can now move on to the next location and purchase their new home (another settlement will happen--realtors, title companies, real-estate attorneys, mortgage companies will be involved.)
  
• The non profit organization sells all of the required tickets and gives the home to the winner (another settlement happens, and all found work and were paid in order for the settlement to happen).
  
• The raffle winner now needs to get a mortgage to cover the taxes, because they don't happen to have an extra $75,000 laying around (estimating 40% for the taxes on the value of the home. Now this is much more palpable for a mortgage company because they are doing a loan on 40% of the home and not the 80% or 90% that is normally done. This mortgage is easier to obtain! More business for a mortgage company!
  
• The non-profit now has the additional funds it needs to do more of its philanthropic work in the community. (A lot of money is being spent locally)
  
• The raffle winner (new home owner) has a mortgage bill that quite easily affordable. Because of this, the possibility of them not making the mortgage payments, gas & electric payments is low. Life is now affordable again!! It becomes much easier for them to buy furniture for the new home, or any other items which help to make life more enjoyable. And more money is spent in local establishments, bringing an increase in the local economy to the community!

The moral of the story is:

• USA Home Raffle can help to successfully turn the overall economy around.
  
• Good local economies can bring about a strong state economy
  
• Strong state economies create a solid United States economy
  
• A solid United States economy once again becomes the backbone that the world relies on.