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A $100-per-ticket raffle fundraiser with a $1.6 million Baltimore County house as the prize has been extended to early next year, with the Oct. 15 drawing rescheduled for Feb. 26.
Organizers of the raffle, Upperco-based nonprofit Universal Peacemakers Foundation, which helps financially troubled homeowners, said they extended the raffle to sell the 20,000 minimum number of tickets required before they can raffle the five-bedroom mini-mansion on an estate lot in Phoenix, built by Prestige Development Inc.
If the nonprofit can't sell enough tickets to buy the home at the appraised value and make an agreed-upon minimum profit, the raffle must be canceled and the ticket money refunded.
- Lorraine Mirabella
Organizers of the raffle, Upperco-based nonprofit Universal Peacemakers Foundation, which helps financially troubled homeowners, said they extended the raffle to sell the 20,000 minimum number of tickets required before they can raffle the five-bedroom mini-mansion on an estate lot in Phoenix, built by Prestige Development Inc.
If the nonprofit can't sell enough tickets to buy the home at the appraised value and make an agreed-upon minimum profit, the raffle must be canceled and the ticket money refunded.
- Lorraine Mirabella
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