| Why buy a whole pie if you only want a pie? If | | | | In a fractional ownership share you are guaranteed a |
| fractional jet ownership makes sense to you, | | | | set period of time in your residence. You know years |
| fractional vacation home ownership will too. | | | | in advance when you will be enjoying your vacation |
| As the second home market is experiencing a boom | | | | spot. Many fractionals also allow exchange so that if |
| time, 1/3 of all homes sold last year were for second | | | | you ever bore of the 'same old great place' you may |
| homes. Many will be used as retirement residences in | | | | be able to trade it for another destination residence. |
| the future, but who wants a single retirement home | | | | How is fractional different from timeshare you may |
| when you can buy several in different locations for | | | | ask? Timeshare is typically sold in 1/52, or one-week, |
| the same expense? | | | | shares. This greatly increases the marketing expense |
| The 76 million baby boomers who will retire in the | | | | and dilutes the real estate value or your deeded |
| next 15 years are studying their options and one hot | | | | purchase. With fractional, 1/12 or a full month of use, |
| option is fractional real estate ownership. The biggest | | | | is typically the minimum share, and the real estate |
| number of boomers turned 50 this year and last, and | | | | value you are purchasing is closer to that of "whole |
| at 50 years old, statistically people begin to shop for | | | | ownership". |
| a retirement residence. At the same time, the | | | | Mortgages for timeshare are readily available, but |
| fractional real estate business is red hot. | | | | again at a much higher rate and cost - typically 10% |
| Where do boomers want to be in retirement? On a | | | | or higher rates. Financing for a fractional is again much |
| golf course? Although many do, most want to be in | | | | closer to that of a typical second home with many |
| walkable communities, with shopping and dining | | | | of the same 30 year type mortgage options. Few |
| options. Many want to return to school, and pursue | | | | lenders understand fractional financing. |
| educational interests they never had time for before. | | | | Buyers of fractional also benefit by sharing the cost |
| What if you can own 4 homes, for 3 mos a year | | | | of these facilities, boomers will be able to afford the |
| each, and enjoy all the best places. | | | | lifestyle for which they desire and have become |
| Quarter-share fractional ownership allows this dream | | | | accustomed to while affording multiple homes in |
| to be an affordable reality. | | | | retirement. |