Type of Property/Home: TimeShare or Fractional
3/7/2006 8:15:54 PM
by EH Staff
Type of Property/Home: Timeshare or Fractional Timeshares, an Intermediate Way To Experience The Second Home Market Are you a habitual vacationer, but not sure about purchasing your own second home? Does your year feel incomplete if you haven't had a least one or two really good vacations? Read More Fractional Ownership: An Idea Whose Time Has Come When you type “fractional ownership” into your search engine, you will, more likely than not, get a dozen or more websites dealing with shared ownership of airplanes. The idea of shared ownership of things, very expensive, is certainly not a new idea. On one of those website home pages, the following insightful observation is made. Read More Fractional Ownership 101 Fractional Ownership is a middle ground solution to second home ownership. It is between whole ownership, with sole responsibility and full exclusive use, and time-shares, where most often, you purchase vacation time in a resort, (about two-weeks) not the real-estate itself. Factional Ownership consists of owning an “Undivided fractional fee-simple interest” in a specific property. In simple terms, you are buying your vacation home in partnership with other owners who share the cost with you. Read More