Fractional
Ownership is another term that is not entirely understood by
individuals. Fractional Ownership is another popular avenue to
luxury vacation ownership without the big payments and
responsibility of continuous repairs and upkeep but still
gaining all of the benefits of owning a beautiful second home in
an attractive location.
Fractional Ownership gives you the opportunity to purchase a
chosen property through 1/4 to 1/13th fee simple ownership of
the selected property. With this deeded ownership you are
allotted a certain number of weeks of use at the property, which
in essence means you are only paying for the time that you
actually use the property. With the cost of the property being
much less than whole ownership, Fractional Ownership is being
viewed as a much more cost effective way to own a second or
third
home worldwide.
Because this concept is so new and not everyone is familiar with
this avenue of ownership, not all banks can provide funding. The
Erskine Group and Professional Mortgage Partners have many
financing options that allow owners to mortgage their ownership
individually.
We have the following programs available:
3/5/7/10 Year ARM's (Interest-Only Available)
Full Documentation
No Income Verification / Verified Assets
Contact us today to find out more
about Fractional Ownership and the financing that is available.
