Vacation Properties - Fractional Ownership
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Jeffrey Funk
May 8, 2013, 10:55:04 PM5/8/13
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Please consider this free-reprint article written by:
Jeffrey Funk
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Article Title: Vacation Properties - Fractional Ownership
Author: Jeffrey Funk
Word Count: 547
Article URL: http://www.isnare.com/?aid=178172&ca=Real+Estate
Format: 64cpl
Contact The Author: http://www.isnare.com/eta.php?aid=178172
Easy Publish Tool: http://www.isnare.com/html.php?aid=178172
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Fractional ownership is a concept that started with jets. It allowed those who wanted occasional access to jets to own part of them for use and not have to worry about tarmac fees, and maintenance. This allows the buyer to enjoy the benefits of enjoying a jet without paying the full price of full ownership. These days, fractional ownership can be applied to just about anything with fractional ownership in real estate becoming more popular.
When many people hear about fractional ownership, they think that it is the same thing as purchasing a timeshare but the two are very different. The only thing one owns after purchasing a timeshare is the right to use that piece of property for a certain period of time. The value of a timeshare also usually decreases over time. With fractional ownership, the buyer has an actual title and deed, which they can then do whatever they would like with it. They can leave it to a loved one in their will or even sell it. Also, if the value of the property increases over time, the value of the fractional ownership will also increase.
Buying into fractional ownership has the advantages of investing in a low maintenance piece of property. In fact, there is virtually no maintenance with these opportunities. One never has to worry about upkeep, repairs, or housekeeping. This is because of the initial purchase, there is a small yearly fee, which will take care of everything related to the property. This fee will also cover any amenities the property features such as swimming pools, fitness centres, and golf courses. Many other amenities that are exclusive to fractional ownerships are the perks that they include. With many fractional ownerships, Owners may have the staff at these communities pre-stock the fridge before the owner arrives, pick them up at the airport, rent a car and have it ready for them at the property, and make dinner reservations.
There are many beautiful communities that are now offering fractional ownership. One of these is Lighthouse Key resort and spa in Orlando, Florida. This beautiful resort community is currently selling shares in 1/13th increments. This will entitle the buyer to use the property for four weeks out of the year. This property has two-bedroom units available for approximately $40,000 and four-bedroom units available for $80,000. Another perk that this community offers is that if the buyer can�t use all four weeks, the remaining time can be placed into a rental program, allowing the owner to actually make money off of their property.
The small yearly dues at Lighthouse Key include the usage of the community amenities such as a billiards and arcade room, a movie theatre, a luxurious clubhouse, a fitness center, and a beautiful pool.
To decide if fractional ownership is the right choice for you, you must look at such factors as to whether you will gain full use of the property year after year and if the property has any likelihood of increasing in value. The current market and the cost of entry should also be analyzed. Fractional ownership can be a wonderful way to create a beautiful getaway that you can visit year after year without paying the full cost.
About The Author: Jeffrey Funk - Florida Licensed Real Estate Agent with over a decade of specializing in Orlando invetsment properties. Visit Jeffrey's website at http://www.execrealtor.com or call him at 407-438-4028
Please use the HTML version of this article at:
http://www.isnare.com/html.php?aid=178172
*********************** ARTICLE END ***********************
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Message delivered directly to members of the group:
publish-the...@googlegroups.com
*****************************************************************
Please consider this free-reprint article written by:
Jeffrey Funk
*****************************
IMPORTANT - Publication/Reprint Terms
- You have permission to publish this article electronically in free-only publications such as a website or an ezine as long as the bylines are included.
- You are not allowed to use this article for commercial purposes. The article should only be reprinted in a publicly accessible website and not in a members-only commercial site.
- You are not allowed to post/reprint this article in any sites/publications that contains or supports hate, violence, porn and warez or any indecent and illegal sites/publications.
- You are not allowed to use this article in UCE (Unsolicited Commercial Email) or SPAM. This article MUST be distributed in an opt-in email list only.
- If you distribute this article in an ezine or newsletter, we ask that you send a copy of the newsletter or ezine that contains the article to http://www.isnare.com/eta.php?aid=178172
- If you post this article in a website/forum/blog, ALL links MUST be set to hyperlinks and we ask that you send a copy of the URL where the article is posted to http://www.isnare.com/eta.php?aid=178172
- We request that you ask permission from the author if you want to publish this article in print.
The role of iSnare.com is only to distribute this article as part of its Article Distribution feature ( http://www.isnare.com/distribution.php ). iSnare.com does NOT own this article, please respect the author's copyright and this publication/reprint terms. If you do not agree to any of these terms, please do not reprint or publish this article.
*****************************
Article Title: Vacation Properties - Fractional Ownership
Author: Jeffrey Funk
Word Count: 547
Article URL: http://www.isnare.com/?aid=178172&ca=Real+Estate
Format: 64cpl
Contact The Author: http://www.isnare.com/eta.php?aid=178172
Easy Publish Tool: http://www.isnare.com/html.php?aid=178172
*********************** ARTICLE START ***********************
Fractional ownership is a concept that started with jets. It allowed those who wanted occasional access to jets to own part of them for use and not have to worry about tarmac fees, and maintenance. This allows the buyer to enjoy the benefits of enjoying a jet without paying the full price of full ownership. These days, fractional ownership can be applied to just about anything with fractional ownership in real estate becoming more popular.
When many people hear about fractional ownership, they think that it is the same thing as purchasing a timeshare but the two are very different. The only thing one owns after purchasing a timeshare is the right to use that piece of property for a certain period of time. The value of a timeshare also usually decreases over time. With fractional ownership, the buyer has an actual title and deed, which they can then do whatever they would like with it. They can leave it to a loved one in their will or even sell it. Also, if the value of the property increases over time, the value of the fractional ownership will also increase.
Buying into fractional ownership has the advantages of investing in a low maintenance piece of property. In fact, there is virtually no maintenance with these opportunities. One never has to worry about upkeep, repairs, or housekeeping. This is because of the initial purchase, there is a small yearly fee, which will take care of everything related to the property. This fee will also cover any amenities the property features such as swimming pools, fitness centres, and golf courses. Many other amenities that are exclusive to fractional ownerships are the perks that they include. With many fractional ownerships, Owners may have the staff at these communities pre-stock the fridge before the owner arrives, pick them up at the airport, rent a car and have it ready for them at the property, and make dinner reservations.
There are many beautiful communities that are now offering fractional ownership. One of these is Lighthouse Key resort and spa in Orlando, Florida. This beautiful resort community is currently selling shares in 1/13th increments. This will entitle the buyer to use the property for four weeks out of the year. This property has two-bedroom units available for approximately $40,000 and four-bedroom units available for $80,000. Another perk that this community offers is that if the buyer can�t use all four weeks, the remaining time can be placed into a rental program, allowing the owner to actually make money off of their property.
The small yearly dues at Lighthouse Key include the usage of the community amenities such as a billiards and arcade room, a movie theatre, a luxurious clubhouse, a fitness center, and a beautiful pool.
To decide if fractional ownership is the right choice for you, you must look at such factors as to whether you will gain full use of the property year after year and if the property has any likelihood of increasing in value. The current market and the cost of entry should also be analyzed. Fractional ownership can be a wonderful way to create a beautiful getaway that you can visit year after year without paying the full cost.
About The Author: Jeffrey Funk - Florida Licensed Real Estate Agent with over a decade of specializing in Orlando invetsment properties. Visit Jeffrey's website at http://www.execrealtor.com or call him at 407-438-4028
Please use the HTML version of this article at:
http://www.isnare.com/html.php?aid=178172
*********************** ARTICLE END ***********************
- To distribute your articles go to http://www.isnare.com/distribution.php
- For more free-reprint articles go to http://www.isnare.com
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