Skip Nav

Florida Couple Raffling Miami Condo For Charity and Mortgage

Florida Couple Raffling Miami Condo Mostly For Charity


A Florida couple is being creatively charitable in the raffle to sell their Miami Beach condo. The housing market has prevented Tim Suereth and Diane Thorne from selling their waterfront 850-square-foot condo, equipped with new floors, new cabinets, a pool, and a courtyard. So they came up with a bright idea to pay off their mortgage while raising money for a charity they organized for wounded war veterans.

Raffle tickets are being sold for $100, and if at least 5,000 tickets are sold, the condo will be "sold" to one ticket holder. If $500,000 isn't raised, they'll keep the condo and split the money between a winner and their charity, called Veterans Retreat. But if the minimum is met, the couple will use the $500,000 to pay off their mortgage and buy a retreat in the Florida Keys where wounded veterans can relax for free. What do you think of this concept?

Source

Latest Smart Living

Download our Halloween app!

Go to App Store
+