October 4, 2009

Los Altos Home Raffle – benefits InnVision

losaltoshillsraffle.com

InnVision Multi-Million Dollar
Home Raffle

InnVision Announces an innovative way to offset State and Local government slashes to human services funding. InnVision invites you to help homeless families and individuals in need – and buy a chance to WIN one of these fabulous prizes:
Grand Prize
A $3.0 Million Home located in prestigious Los Altos Hills, CA
or $1.5 million in CASH. The winner can choose.

Wow. Anyone know what the scoop is on this house? Why is it available for a raffle? I mean, it’s obvious that this Real Bay Area resident is showing his true Real Bay Area spirit by giving back to the community – but… uh… really. What’s going on? Why not incorporate and rent this out for $10,000 a month, and pipe the profits back to the charity? WWMFD? (What would Milton Friedman Do?)

Aside from that, if you won, which would you choose? $3 million in instant equity? Or $1.5 in American Pesos?

Comments (10) -- Posted by: burbed @ 5:36 am

10 Responses to “Los Altos Home Raffle – benefits InnVision”

  1. waiting_for_the_fall Says:

    The owner gets at least half of the raffle money.
    Not all the proceeds go to the homeless.

  2. UnrealAlex Says:

    10% of the proceeds go to the homeless if you’re lucky. More like 1%

    The homeless are a real cash cow, if they weren’t they’d be quietly provided cheap housing and basic jobs and be allowed to become people again.

  3. sv_newbie Says:

    i’ll get the house and sell it for $2.5M next day. instant equity of 500k for the buyer as well!

  4. Herve Estater Says:

    > i’ll get the house and sell it for $2.5M next day.

    You’ll have to anyway in order to pay taxes :)

  5. Plauline Says:

    Has anyone heard about Mega House Raffle? It seems great and was on TV. I would like to know if anyone has bought a ticket.

  6. nomadic Says:

    Do you mean this one?

    http://www.burbed.com/2009/10/04/los-altos-home-raffle-benefits-innvision/

  7. nomadic Says:

    btw, burbed, it isn’t in your “Los Altos” index

  8. burbed Says:

    Fixed. Thanks!

  9. nomadic Says:

    lol – I hadn’t even noticed Plauline posted on the same thread… duh.

  10. jimbo Says:

    total sham & believe it’s fixed!
    this is the 3rd I bought a ticket for & they never reveal the winner & dont believe the homeless benefit at all!, might as well pay the lottery!


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