Submit Feedback
Member Login
Blogs Homepage
Featured Entries
Recent Entries
Recent Comments
Tags
My Starred Entries
Create A BlogWhat is Fractional Ownership? |
Posted at Selling Northern NV by Joshua Talayka
Aug. 14, 2008
!["]("http://www.sellingnorthernnv.com/images/fractonal_ownership.jpg")
Fractional Ownership is a concept we're seeing more of. Although not necessarily a new concept, more and more people are looking to the advantages and minimal risk of having fractional ownership in a property. The idea is a great way to invest in a second family home you will only plan on using certain times of the year. Rather than spending $1 million, a buyer may only need to invest $250,000 and have the right to use the property ¼ of the year. This way, buyers are not fully exposed to the risk as if they had purchase the property outright for the full amount.You may think of it similar to a timeshare, however with this type of transaction each individual buyer owns an actual share of the property and receives a deed for their share. Also, fractional ownership has a larger backing of lenders and real estate professionals since it is still viewed as an actual real estate purchase.
Should you have any questions or need further information, please don't hesitate to contact me,(775) 220-1630
Or visit my blog at www.SellingNorthernNV.com
![]("http://www.sellingnorthernnv.com/images/josh_chase.jpg")
Joshua Talayka
Chase International
Office: 775 850 5900
Toll Free: 877 922 5900
Cell: 775 220 1630
Fax: 775 850 5901
985 Damonte Ranch Pkwy, Ste. 110
Reno, Nevada (NV) 89521
Member Login
Join RealTown
Request Password
RealTown RSS Feed
1. RE: What is Fractional Ownership?
Fractionals are the wave of the future in gaining access to luxury assets. The Fractional Concierge website (http://www.TheFractionalConcierge.com) is the world’s first website that brings together ALL assets sold as fractionals: Real estate, aircraft, sea vessels, automobiles, recreational vehicles, and everything else from handbags and artwork to dogs and organically grown meats. The website gives you detailed information, pricing and photos on hundreds of fractional assets so you can peruse the many different options.
In addition, the website has a variety of user friendly features: (1) A Daily Blog that keeps pace with the latest breaking news about the Fractional Industry and new fractional products coming to market; (2) 36 classifications of classified ads for individuals looking to sell, trade or rent their fractional assets, professional services for sellers, buyers and developers, and employment opportunities; (3) A “Financial Concierge Service” to assist buyers and developers locate financing; (4) A huge database of educational information including hundreds of articles; (5) And a Broker Participation Program to assist brokers worldwide locate fractionals for their clients.