The Real Deal Miami

Homeowners to raffle off multi-million dollar home

March 26, 2009 05:51PM

Homeowners Miles and Laura Brannan have decided to raffle off their mult-million dollar, six-bedroom Fort Lauderdale home. They hope to sell 300,000 raffle tickets for $10 each and use the proceeds to pay off their mortgage. They will donate any leftover money to their local church, they said. None of the three potential buyers of the house, which has been on the market since August 2008, were able to get financing.