Why own part of a beachfront home in Manzanillo?
You contacted me about Casa Manzanillo, our shared oceanfront home in Mexico. If you are interested in a one month deeded ownership every year, please read on. If not, please hit "safe unsubscribe" at the bottom of this email. Gracias!
What is fractional ownership?
Is it right for me?
Fractional ownership ( shared ownership )offers
individuals the opportunity to buy partial ownership of a really nice place in
a resort area.
A second home has been called the ultimate discretionary purchase
-- something that many people would like to have but no one needs. People who
do own a place at the beach, the lake or in the mountains often are quick to
express frustration at not being able to spend more time there. It hardly makes
sense to have the expense of a mortgage, upkeep, insurance and taxes for a
place you don't use more than a couple of weeks a year.
To deal with that situation, family members and friends often
have joined forces to buy a place. It cuts down on the cost and everyone gets
to enjoy a place that's more than just a hotel room. If you are thinking
about spending a month or two in a sunny beautiful spot, this may be the
Casa Manzanillo LLC will have thirteen equal four-week shares. You choose the month you wish to live at the house and this month belongs to you, to use or trade with another owner. You share equally in the running expenses of the property. In 2009, this is estimated to cost $500 per shareholder. Should you decide to sell your share in the future, this is simple to do- affordable luxury for life.
What do I do next?
1. Learn whether a shared home is right
2. Ask for a fact sheet describing the
in's and out's of fractional ownership.
3. Take a look at the Operating Agreement
which describes the rights and responsibilities of joint ownership in an
International Property Share LLC
4. Learn what other owners have said
about owning a pied a terre abroad
5. Ask about the ease of resale
Call us to get acquainted: 585
905-0849 or EMAIL for more information
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Airport Transfers and Shuttles