Would you tee it up with your best partner and play for a house?

First let me say that I own a golf course in Tennessee and recently a friend of mine, whom is a home builder, approached me about having a golf tournament for a house of his.  The idea caught me a bit off guard and seemed a bit on the pipe dream end for me originally.  However after several meetings and seeing his decent plans on the project I am beginning to give the idea a tiny bit of weight.  However before I commit to such a large undertaking I would like to get as many thoughts on the idea as possible and this has always been a great forum for getting answers.  I will condense the idea for you so you can give it an up or down vote.

50 two-man teams, 54-hole event with cut after 36 holes to 25 teams.  Format shall be four-ball.    Scorers will be with every group.    $1,000 per player with Co-ops welcome ( i.e. 8 people putting up $250 per person to back the team).  Prize a 3 bedroom, 2 bath, 2,400 square ft. home in souteast Tn. or the option of taking a cash payout of $60,000 if you so desired.

My buddy has much more details than those, but that is the gist of the idea.  so fire away friends give me a yes or no as to whether you would play in such an event or if you know someone at your club who you and some buddies would back to take a chance on winning the house or the cash.  Please don't be shy to answer all the feedback I can get will be helpfull.

Thanks,

Bogey Joe

Good point and sorry for not clarifying that.  Yes it would be gross!!

A two man team sharing a house as a prize?   This might work in SanFran, but in Chattanooga?   That is a little odd for a "team" prize.

Matching Corvette ZR1's....OK, that might work.

Where was Deliverence filmed? Sorry totally irrelevent ,apology tendered.

This. You are forcing them to take the cash, or take the house, pay the taxes, and hope they can sell and split the profits?

It should not be teams. 1000 dollars a person, with a 100 man capacity?

Hahahaha.....the movie was set in Northern Georgia on a fictional river. (not too far from Chattanooga)   It was filmed on the Chatooga river......almost sounds like Chattanooga, but it's not the same. LOL

With that said:  I doubt those moon-shiners played golf.............LOL

In general that is something I cant afford nor do I have an official handicap. If it was someway fair maybe no handicaps and I believed in my game I think I would be very interested. But like somebody said this would definitely bring out sand baggers. Since I am new I would say no but in 10 years I would be down.

Maybe you get to tow it away with your pickup if you win :)

Buy a house in Detroit and do the same tournament.

My buddy just bought a 1500 sq foot house for $1500 cash on the outskirt of town.

Win a home.............which team member gets it?  Let the piggy decide?

That put me off bacon for years!!! LOL.

This confused me!!!  I don't see how this could work.  As stated above, a team would be winning the house.  In this housing market it seems very unlikely they could sell it fast to make more money then taking the cash option.  Why not just have this tournament with a prize pool paid in cash instead.