Tom and Bev's Blog

Realtors® Tom & Bev Herring ~ Tulsa, Oklahoma Real Estate

Here's some interesting news we recently came across.  The Cherokee Nation is investing in the future of Tulsa, Oklahoma.  They will be launching a new tourism campaign designed to share their heritage with outsiders. 

There will be four historically authentic new tours offering insight into the lives of the Cherokee people.  They will tell their story and share their lives with the general public. 

Along with the tours, visitors can enjoy several historical cultural sites throughout the 7,000 square miles of the Cherokee Nation.  Visitors will find that each place they visit has a story of its very own to tell of a legacy that its ancestors left for the community.

The Cherokee Nation is now inviting visitors to visit these historic places to learn how their Nation evolved and grew from it.

Tours for the Cherokee Nation are $35, which includes lunch.  And visiting the historical sites is free.  For more information about the tours and historical sites, you can visit the Cherokee Nation website at www.cherokeetourismok.com

We enjoy sharing news that will benefit the communities we serve and it looks like this will definitely help boost the economy in and around the Tulsa area.  So, if you are interested in learning about the Cherokee Indian culture, this would be a great opportunity to benefit from the information they will be sharing.

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In some areas of the country, including our own, we have seen some innovative ways to sell a home in today's real estate market.  You can actually buy a home and help a charity all at the same time and feel really great about it.

The house raffle has been in the real estate industry for decades.  However, now there is a whole new way that the house raffle works. 

Many homeowners are worried that they will not be able to sell their home in this bad economy.  Therefore, several have turned to raffling it off in hopes of selling it for what they owe or more.  The catch now is, for the raffle to be legal in many states, you have to donate a portion of it to a charity.

Single-family homes are being raffled off for $100 per ticket, with an open raffle of around two to three months.  Some homes raffles have been successful, selling 27,000 $50 tickets to buy a $432,000 home.  Others have seen success with selling 6,280 $100 tickets to buy a $390,000 home.  And yet others have been successful with selling 6,500 $100 tickets to buy a $400,000 home.  The list goes on and on with many success stories. 

Some homeowners have had more trouble with house raffles than others because of state laws.  However, many have gotten around that with the help of nonprofit organizations.  Whereas an individual cannot raffle their own home and donate a portion of the money to the charity, a charity can raffle a home and donate a portion of the money to a person.  Of course, more legal issues arise in this type of situation, but many have found success in it.

So, if you're a homeowner having a really hard time selling your home, this may be an option for you.  Just remember, it is always good to contact a real estate professional when handling any type of real estate transaction.  Even if it's a house raffle.

Realtors® Tom & Bev Herring  ~  Tulsa Oklahoma Real Estate

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