Typically, how much money is needed to get started and who provides that money?
A:
Costs
incurred by the homeowner would be limited to appraisal fees, home inspections,
and costs (legal or otherwise) incurred in the sale of your home to the non
profit. It may help if you looked at
this process in this way... Youve
signed up with USAHomeRaffle.com in
order to say, Non-profit please buy my home so that you can use it for a
raffle.
The
non profit organization assumes all responsibility of carrying out a successful
raffle. Once the raffle is underway,
your job is really just to help with ticket sales and potentially be there for
any media coverage or open houses. All
costs relating to the actual raffle (marketing, administrative, legal,
reimbursements, etc.) are handled by the non profit organization.