foreclosure options california

Need to know the legal way on how to raffle a house in California?

Need options on how to raffle a house and proceeds to be divided between: a) the bank so we can pay off the loan to be able to avoid foreclosure (our house is actually on a short sale now which the bank agreed to); b) charity(a designated amount ie. $20,000.00 donated to Cancer Research); and c) my family(we need some money to be able to pay off all other bills so we don’t owe anyone anymore). Can this be done? I hope someone can help us soon. We really do not want to just lose our home to foreclosure. H E L P!!!!

You may as well forget about your raffle idea.

Raffles are illegal in California, unless they are conducted by a charitable organization, and all the proceeds go to charity.

A raffle is gambling. That’s why it is illegal.

If your bank has already agreed to a short sale, then what are you worried about?

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foreclosure options california