Ever wonder what it would be like to have a vacation home but you think you can’t afford it? Or do you already own a vacation home and have come to find out you don’t use it as much as you would like, so you are pondering selling? Well I have wonderful news for both predicaments! There is an amazing and fast growing trend that allows you to maximize all the benefits of owning a second home while sharing the responsibilities and minimizing the costs that come with it. For these very reasons and with sales exceeding $2 billion in 2007, it is easy to see why Fractional Ownership has increasingly become the vacation home option for many for the past few years.
First off, let’s start with the basics. I’ve been researching fractional ownership for a couple of years now, and from what I’ve gathered, it first arrived in the late 1970’s. Basically, fractional ownership means that you own a fraction of a vacation home along with other owners. It is deeded interest in your property, so it is not like a timeshare in this respect. In fact, many of the private jets, mega yachts, and luxury cars are also owned with the concept of fractional ownership. Imagine riding to the airport in your Rolls Royce jumping into your private jet and flying to your vacation home in Palm Desert, Maui or Tahiti! Are you dreaming like you are a multi-bazillionaire yet? Well with fraction ownership, you can live like one and fulfill all of your dreams for a fraction of the cost.
At this point, I’m sure a number of questions are going through your head at a million miles a minute! Where is your dream vacation destination? What does a vacation home cost in this dream destination? For those who own vacation homes already, what are benefits of fractional ownership? How do I go about formulating my usage plan? Is my property eligible for fractional ownership? There are many more questions and things to consider about fractional ownership, and whether you are a buyer or a seller, I am here to answer them and help you figure out whether fractional ownership is for you.
One of my biggest passions in life is helping others achieve their dreams and goals. I have started this blog to inform you that your dream of owning a vacation home(s) can be a reality through fractional ownership. You too can be a part of a very exclusive, upper echelon of groups in society today, but you will achieve it at a far better price. Fractional Ownership, along with my expertise will guide you through your next Real Estate purchase and converting your vacation home into a fractional property.
