Due to the economy and weak real estate market, Miles Brannan is raffling off his luxury home in Fort Lauderdale, Florida. The raffle is attracting buyers from around the world due to both the appealing price of $10 per ticket and international interest in U.S. real estate.
Brannan'ss raffle is a great deal for foreign investors who want to break into the market because the deed and title will be transferred to the lucky winner free and clear. There will be
no need for a jumbo mortgage or creative financing, making the $10 investment an even more attractive offer.
The $10 ticket makes the drawing more affordable for everyone, and we'sre seeing activity coming from overseas as well because of the low price. Besides the tickets sold here in the U.S.
and in Canada, we'sve had buyers from European countries like England and Germany, and even as far away as Australia, Brannan commented.
The Florida home'ss spacious open floor plan includes 6 bedrooms and 6.5 baths. The master suite is 1,000 square feet and has a second story balcony overlooking the waterway. The estate
also has a theater room with a 120 screen, 4 car garage, and beautiful winding staircase. Information on other amenities and photos can be found at www.floridaluxuryauctions.com.
Only 300,000 tickets will be sold for this raffle, and the drawing will take place once all tickets have been sold. Once the drawing has taken place the winner will be notified within 24
hours by phone, e-mail or certified mail. Winners do not need to be present to win. All monies collected will be held by Chicago Title Insurance Agency, Inc.
For additional information please contact Miles Brannan at 954-561-7564 or visit www.floridaluxuryauctions.com.