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Saw this blip in one of the RV email newsletters I get. Thought it was interesting, but at the same time sad.

http://rvnewsservice.com/?p=433

That is interesting..the link doesn't work, but I did google and find this..
http://www.goldencoachrvpark.com/

The form in not accessible..wonder if that means they sold out the raffle tickets.

The link worked for me!

I don't find it sad- it's a savvy way of selling something and making a profit. By doing what he's doing, he can end up getting what he wants out of the property. And someone could get the deal of a lifetime for $100. This has been done before several times. I almost bought a ticket for a bed and breakfast that was sold this way. It takes some legal work to set it up - but if they can sell the tickets (by having left in the money to advertise, etc) - then he'll get the park sold and his profit, too. You do realize - he sells 40,000 $100 tickets = $4 million dollars. They must sell 10,000 tickets by their "deadline" to sell the property - which means they'd sell for $1 million at the lowest. Otherwise, the tickets get refunded. It's up to them to market this to sell the tickets - doing so by saying it's a finanacial burden doesn't work for me. The B&B I almost bought on - had a full color ad in a wonderful magazine in their industry - about how they were trying to make this affordable for who would buy - with beautiful pictures, etc. They sold all their tickets.

What I meant by "sad" was the fact that the park just isn't being used.

You're right - that is sad.

And I can't sleep - but it's 2 hours earlier there - what are you doing up?

Beth, I couldn't sleep with an 8 yr old GD's twisting and turning. Got clocked in the face twice! The 10 yr old talks in her sleep and kept calling, "Katie, Katie, Katie!". (who's my neighbor's daughter that they both have been having fun with.)