1. Fractional Real Estate is not a new trend nor is it a fad:  For as long as modern real estate has existed so have fractional homes.  More often than not fraction real estate has been popular with multiple couples going into the purchase of a home together for obvious mutual benefits.  Though it has never been as popular as it currently is fractionals are a staple of the real estate market.  In fact $1.5 Billion in sales of fractional properties was achieved earlier this year reminding everyone that fractional real estate is here to stay.
   
   
2. Fractional homeowners benefit from experience with timeshares:  Many fractional homeowners or those interested in fractionals are or where at one time participants in a timeshare.  Though fractional ownership and timesharing are very different in many aspects, at their core they both allow people to share a home.  After participating in time shares the move to fractional ownership of a home is a natural move for many people.  Once curious parties obtain more information on fractionals the move makes more sense and often happens quickly.
   
   
3. Common Share Time For Fractionals:  Fractional ownership of a home allows it’s owners more time in the home than do timeshares.  While some homes have up to 13 different owners it is more common these days for a home to be split between four owners which allows much more time in the home.  Those who invest in a fractional home often enjoy six weeks and upwards of time in the home.
   
   
4. Fractional properties can be successful anywhere:  While the most popular fractional homes are usually vacation homes in exotic and/or luxurious locales, fractionals are successful in many environments and neighborhoods.  Additionally many fractional homeowners prefer buying a second home that’s within close proximity to their primary dwelling.
   
   
5. Have a great team of professionals on your side:  While the popularity of fractionals is quite high a sale on such a home is never a guarantee.  Though the benefits of owning a fraction of a home far outweighs any disadvantages it’s important to have an experienced and savvy team working with you when you’re hunting for the perfect vacation or second home.  Doing so helps ensure that you get the best deal possible and that you understand all there is to know about fractional ownership.

We hope that these facts are helpful to those interested in fractional ownership.  Should you have any questions please contact us so that we might help you!

Part of planning for retirement is finding the perfect place to retire in.  This almost always means the selling of one’s home and the purchase of a new home.  Many Baby Boomers however are not purchasing just one new home but instead have begun buying fractions of multiple homes all over the country.  Doing will allow these people to live in several places at virtually any time they choose.

Why own just one home when you can own fractions of a number of homes?  This is a question many Baby Boomers have asked themselves.  Retirement is a time in which an individual is allowed to relax and do what he/she pleases with their time.  With so much free time in their futures, scores of Baby Boomers are making plans to travel the country and see things and places that time would normally not allow.  Imagine having your own home in multiple destinations so that when you get to town you have your own home waiting for you.  Not only does this scenario save money and time by negating the need for hotel bookings or RV rental spaces, but there’s nothing quite like being in your own home.

Fractional real estate will help many future retiree’s realize their dream of seeing the country in comfort.  Quarter-share ownership allows all owners to plan out years in advance when each owner will be able to enjoy the home and affords each owner much more time in the home as opposed to time shares.

Desert Quarters specializes in fractional real estate and can answer any questions you may have about this fantastic way to own a home.  Should you have questions please don’t hesitate to contact us!

Part of planning for retirement is finding the perfect place to retire in.  This almost always means the selling of one’s home and the purchase of a new home.  Many Baby Boomers however are not purchasing just one new home but instead have begun buying fractions of multiple homes all over the country.  Doing will allow these people to live in several places at virtually any time they choose.

Why own just one home when you can own fractions of a number of homes?  This is a question many Baby Boomers have asked themselves.  Retirement is a time in which an individual is allowed to relax and do what he/she pleases with their time.  With so much free time in their futures, scores of Baby Boomers are making plans to travel the country and see things and places that time would normally not allow.  Imagine having your own home in multiple destinations so that when you get to town you have your own home waiting for you.  Not only does this scenario save money and time by negating the need for hotel bookings or RV rental spaces, but there’s nothing quite like being in your own home.

Fractional real estate will help many future retiree’s realize their dream of seeing the country in comfort.  Quarter-share ownership allows all owners to plan out years in advance when each owner will be able to enjoy the home and affords each owner much more time in the home as opposed to time shares.

Desert Quarters specializes in fractional real estate and can answer any questions you may have about this fantastic way to own a home.  Should you have questions please don’t hesitate to contact us!

The term “fractional real estate” is a new term to many but we at Desert Quarters have found that the verbiage is quickly becoming synonymous with real estate buyers.  That’s because owners of fractional property share ownership of a home, usually with several other parties.  This makes owning a home, especially those used for vacations, get-a-way’s, and holidays easy to own and even maintain.

Though many buyers initially believe fractional ownership to be very similar to a time share, they quickly find that there are some big differences.  Fractional ownership of any home gives you full access to that home for a predetermined and for a longer period of time that you would receive through a time share.  Whereas you’re paying for a specific amount of time when dealing with time shares, you buy and maintain partial ownership of a property when you buy into fraction property.  Additionally your share can be sold to another party at any time just as you would if you owned the entire home.

Fractional real estate has become popular because it makes owning a home more affordable yet at the same time it negates many of the hardships that come with owning a home on your own.  Moreover buyers are considering fractional real estate because it allows them to buy into a home that’s not tied to a tourist strip or location but rather one that’s located in your everyday average neighborhood.

With so many advantages to owning a fraction of a home rather than owning one outright it’s not hard to see why this type of real estate has become so popular.  Should you have any questions about fractional real estate please contact Desert Quarters for more information!  You may reach them both via email and by telephone at (716) 909-8624.

In today’s real estate market both buyers and sellers are remain apprehensive about the purchase and the selling of a home.  Sellers often fear that they won’t receive full market value and in some cases, a fair price for their home. Conversely buyers often hold out for lower prices or a better mortgage further frustrating today’s sellers.  Despite a downtrodden market there are some people who have begun to turn their attention to fractional ownerships.

Fractional real estate is one of the hottest growing trends in the market of today and offers those looking for a home the many benefits of ownership, all the while dividing the costs and responsibilities of ownership between several different parties.  These types of benefits have made fractional real estate especially popular with those interested in vacation homes but remain apprehensive about purchasing such a home.

A fractional home owner allows persons access to the home at predetermined times while still retaining partial ownership over the home, as opposed to a time share where individuals own units of time.  Additionally as property values increase so do the individual shares of each owner and should the owners of such properties decide to sell their fraction of the home they may do so at any time without penalty.

At Desert Quarters we specialize in helping those interested in fractional homes turn their fractional desires into realities.  With so much uncertainty in today’s market many people are surprised when they first learn about the benefits of fractional real estate.  These same people are also turning to fractional ownership so that they may enjoy the benefits of home ownership without having to deal with all of the costs on their own.

Should you have inquiries regarding fractional real estate please contact us so that we may assist you further.

The city of Las Vegas has an allure that’s nearly unmatched by any other city.  Not only are Las Vegas and its famous Strip world renowned tourist destinations but the city is also an ideal location for those looking to live and vacation in luxurious style. Las Vegas is frequented by not only families and individuals looking for fun but by people who expect the best and are willing to pay for it.  For the latter, Las Vegas is more than merely a place to gamble but is instead a place where they come to relax and take advantage of the naturally sumptuous amenities the city offers.

At Desert Quarters we understand and appreciate your desire to vacation in high style and so we are proud to announce that we will soon be offering those looking for such a lifestyle, shared ownership in a Penthouse which is located within the extravagant Panorama towers in Las Vegas.  This Penthouse which is located on the 33rd floor is 3457 square feet and offers spectacular views of the city which can be viewed comfortably above and away from the busy streets below.  This Penthouse carries with it a number of amenities all of which have been designed to attract those who live an elite lifestyle and those who want the very best regardless of where they may be.  These amenities include…

• 2 Master Suites
• 2 Master Bath Suites
• 2 Balconies
• His And Her Walk In Closets
• Dining Room

These amenities as well as the Penthouse location allow you to live the natural decedent lifestyle that Las Vegas offers to its visitors.  Whether or not you own vacation property in Las Vegas, you owe it to yourself to; at the very least consider owning a fraction of this Penthouse. Owners of this property can also expect to receive luxury concierge services which will help compliment your already comfortable lifestyle.  If you’re looking for elegant, stylish, and an affluent vacation lifestyle Las Vegas and this Penthouse will not disappoint.

The fractions of this Penthouse will be sold off in 1/6 shares and the price per share will be $619900.00.  Those interested in owning a portion of this Penthouse should contact Felipe Crook at 702-683-2169 or email Desert Quarters for additional information.  Once the Penthouse enters the market it will likely not remain on the market for long so doesn’t wait!

With today’s inconsistent and sometimes stagnant real estate market the priorities of both homeowners and sellers has changed a great deal.  In today’s market it is difficult for home owners to sell their home for its true value while buyers often hold out for a lower price which further devalues many a home.  Even those buyers who target vacation properties have become much more conservative with their finances as the costs of maintaining such properties and dealing with a deficient number of prospective renters has made would be owners wary of owning such a property in these troubled economic times.

Those who are on the verge of owning a vacation home but are finding it difficult to part with their capital can take comfort in knowing that there is indeed an option available to owners of vacation properties that will allow them to retain the benefits of ownership, all the while reaping the benefits of a seller.  This involves converting your vacation home into a fractional property. Fractionalizing your vacation home will allow you to capitalize on the appreciation your home has accumulated over the years all the while allowing you to retain partial ownership of the property.  Additionally, selling off fractions of a vacation home, may allow an owner to pay down or even pay off the loan they originally took out for purchase of the home.  Furthermore those who fractionalize their vacation homes continually enjoy the benefits of home ownership while reducing their annual costs by as much as 90%.  With all of these benefits available to vacation home owners many have begun fractionalizing their properties.

Should you be interested in fractionalizing your vacation home, Cobblestone Design Group can assist you in a variety of ways.

• Home Evaluation:  Our interior designers will come to your home and assess whether or not the interior of the home will meet the standards of prospective buyers.  If for some reason the interior of your home does not meet those standards, our designers will advise you on what it is you need to meet the standards of today’s fastidious buyers.
   
• Property Location:  Location is everything in real estate and when dealing with vacation homes it rings even truer.  While assessing your vacation home, our team of professionals will help you determine the value of your property by taking into account the number of tourist attractions in your home’s immediate area, the popularity of the neighborhood your home resides in, and how many different seasons tourists frequent the area in which your home is located.  Of course the more frequently vacationers visit the area your home resides in the more attractive and valuable your home becomes.  If your vacation home is in a more secluded area however and its community doesn’t offer as much as other vacations spots might our team will develop strategies that make your home more attractive to those interested in owning a fraction of a vacation home.
   
• Legal Evaluation:  Any time you’re dealing with real estate it’s a good idea to have all your bases covered, especially your legal bases, so that you know where you stand and what you can and can not do.  At Cobblestone we understand how intimidating and perplexing the legal side of real estate can be.  We therefore hire a real estate lawyer for you so that meeting all local and state regulations isn’t something you’ll have to worry about.
   
• Property Presentation: In the majority of scenarios we only get one chance to make a first impression.  This is especially true when you’re trying to entice buyers into purchasing a fraction of your vacation home.  Our team of professionals will not only assess your home but will assist with any remodeling that needs to take place.  We put a heavy emphasis on the things that make a home feel comfortable so that your home becomes even more attractive that it may initially be.  Amenities such as luxury linens, kitchen supplies, high-speed Internet access, and even top notch landscaping are all items we make sure to include should your home not already possess such amenities.
   

Create a Fractional Use Plan:  As fractional real estate experts, we assist all of our clients in developing a plan that allows all owners of a fraction property to benefit equally and fairly.  Our clients may choose one of two options when creating a plan with us.  The first option involves us bringing in a management team that specializes in fractional properties.  The second option involves bringing in a real estate agent though we encourage our clients to choose the first option as the majority of real estate agents possess little knowledge of fractions properties and more often than not do not comprehend or embrace the concept.

Should you have any questions about fractional real estate or should you be interested in either selling or buying fractional real estate please contact us so that might assist you! For additional information about fractional properties you may also visit Desert Quarters. We have the experience and knowledge to give you a turn key fractional development you will enjoy for years to come.

A recent NY Times article cited fractional ownership as a fantastic second home option that allows homeowners to save money. “Various options are out there that let even regular folks have a piece of the vacation-home pie,” writes Billie Cohen.

Sometimes people choose to own a fractional second home with friends or family members. Imagine having your next family reunion at a spacious million-dollar-estate — complete with: indoor and outdoor hot tubs, marble floors, plasma screen TVs, professionally landscaped grounds, a swimming pool and full access to a luxury club with restaurants, golf courses, fitness centers and full-service spa.

Other times people choose to purchase a home with complete strangers, overseen by a professional management company, that gives them 4 – 12 weeks of usage each year. Usually owners never even meet each other in this scenario and a maid service automatically arrives before and after each transition, so the fractional ownership home is always in mint condition.

“The basic idea is that you’re paying for what you actually use,” explains lawyer Andy Sirkin. He also adds, “The truth is that the smaller the group, the harder it is to get along, and that family and friends don’t get along better than strangers.” He said the key to fractional ownership is clear documentation that outlines how the co-ownership will work.

Source: http://www.nytimes.com/2008/05/16/greathomesanddestinations/16your.html?ex=1368676800&en=42e84fc2f25c2ed0&ei=5124&partner=permalink&exprod=permalink

“When I spoke to the owners, they told me that, when they did use the house, they spent most of their vacation time doing maintenance,” said developer Gordon McMahon. “They never really had time to just relax. It didn’t make sense.”

McMahon began purchasing the best selection of those stunning mansions – gutting them and undertaking massive renovation projects to create “top-of-the-line luxury showplaces” and “one-of-a-kind designer homes,” which he could offer on a fractional ownership plan. He even fully furnished the properties and added home theatres, pool table, luxury spas and includes convertibles in each garage for tenant use. The best part is that this Oceanside lifestyle is not for a select few millionaires, but suited for someone willing to pay a $399,000 price tag.  

Under the fractional plan, Oregonians leverage their resources and only buy as much of the home as they’re planning to reasonably use – all the while providing them with a deed, the opportunity to gain property appreciation assets or pass the property on in their wills and the ability to secure bank financing.

Each owner lives in McMahon’s mansions for seven weeks out of the year and owners never cross paths or even need to speak to one another. After the cleaning and maintenance crews roll through, one would never know the place had been touched. The management team handles all scheduling, stocks the kitchen with the owners’ favorite foods prior to arrival and allows for on-site storage.

According to Ragatz studies, 80% of fractional owners are “very satisfied” with their arrangement. The study also predicted that “at least half a dozen” fractional properties would emerge in Oregon within the next 18 months.

Source:http://www.newportnewstimes.com/articles/2008/07/16/business/business01.txt