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eBayer Raffles House For $100 An Entry

wcbstv.com – N.J. Woman Raffling Home Off On eBay For $100

Does the subprime mortgage crisis have you out of the real estate market? Try this one on for size.

There’s a house you can own for less than the price of dinner for two in Manhattan.

Looking for a house in New Jersey? How about four bedrooms, a huge living area, cathedral ceilings and a stone fireplace for, say, $100?

“One hundred dollars, yes,” owner Sharon Hart said.

Say hello to Hart and her 2,900 square-foot ranch home in Willingboro, which admittedly could use a coat of paint, but is now available on eBay, she says, for the rock-bottom price of $100.

The obvious question: Why?

“Well … I had the house on the market for about two-three years. It’s not selling so I need to get rid of the house. I cannot afford it anymore,” Hart said.

Now of course there is a catch. Not a big one, but a catch nonetheless.

“The house is being raffled off,” Hart said.

That’s right. Hart says the house will be sold via raffle on eBay — $100 per entry. And who knows how many hundreds or thousands of people are competing for it?

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