We own a farmhouse worth around $250,000
It is a 3 bedroom farmhouse near Cobden, about 30 minutes from the Great Ocean Road, Victoria. It has a double garage and lots of outbuildings on 5 acres.
Rather than selling it through the usual channels – we would like to give someone – anyone – the opportunity to be able to own a house we have turned into a wonderful family home – not depending on their financial situation and completely mortgage and fee free – just because they want and need a new house!
We didn’t like the idea of having strangers traipsing through our house – and stressful thought that half way through buyers pull out, or a chain falls through and we’d have to start all over again.
What’s more – the amount of people out there who were in a good financial position to be able to afford a house of this amount makes our market a small one.
So, that’s when we thought – why not let someone else own it. Whether they are a one-parent family, a young couple, people with debts, court judgements, people on a council estate, or people whose pensions had fallen through – give them the opportunity and the chance of securing their future, without having to take out a mortgage.
So we decided, let people win our house - an affordable amount for an entry – which would keep the odds low – was $10. – We discovered we cannot ‘raffle’ the house off – but we can offer it as a prize in a prize draw competition – where entrants need to use some form of skill to be able to enter – in this case – a spot the ball competition
AND we include stamp duty, solicitors cost too. So if someone who really is ‘skint’ wins – they don’t have to worry about the extra costs involved in owning a new house.
The winners get full title to the property and are free to rent it out, sell it or live in it. Furniture, farm equipment including tractor/slasher and ride on mower are included. We have even included our Holden Commodore!
Winners will be picked up by limo from a Melbourne station, and taken to a Hotel conference room where lunch will be laid on – and photos etc taken.
Whats in it for us?
We receive the full value of our house – and we get to make people smile.
PLUS – if we don’t receive enough entries to sell the house – we STILL give out the money received after costs –
WE also want to take on other peoples houses, get the full asking price for them and pay the solicitors fees involved in selling their house too, AND they don’t pay us any fees.
We think this is a great idea and for some reason it hasn’t seemed to have taken off yet in this country – please feature this story and we could make people better off, get more people on the property ladder mortgage free – we’ll meet with you if you would like any more information.
The website if you would like to check it out is
Or email email@example.com
Phone – 0459 034756