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New Fractional Listings on LF Guide
- Red Stag Lodge (Park City, Utah)
- Sky Lodge (Park City, Utah)
Correction: Last month we misstated the location of the Grand Caymanian Resort. It is actually located on Grand Cayman in the Cayman Islands.
*Enhanced Listing with slideshow, photos and more |
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Purchasing Fractional Real Estate
What to Expect When You Write That First Check
by Sherman Potvin
Once you've made the decision to purchase a share in a fractional property or residence club, what should you know before you write that first check? The process of purchasing a fractional property is very similar to the purchase of a wholly-owned home with just a few additional items that you should be aware of.
Private Homes
If you are purchasing a share of an individually-owned private home, the process you go through will be determined by whether or not the current owner has a mortgage on the property. If so, the mortgage will need to be paid in full before you can close on your fractional share. More... |
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Fractional Real Estate News
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The Harbor Club on Lake Oconee in Greensboro, Georgia has announced a limited offering of quarter-share golf cottages.
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The Ritz-Carlton Club has announced the launch of its first quarterly magazine, Elevations.
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Walt Disney World has finalized the sale of land to the the Four Seasons to complete a resort which will include a Private Residence Club. |