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| Turn Your Vacation Home Into a Fractional
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| Luxury Fractional Guide founder Sherman Potvin has written a guide for second-home owners wanting to get the most value out of their luxury vacation residence.
Click here for more on the book. |
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Dear Jill,
Summer is the perfect time to visit some of your favorite properties from Luxury Fractional Guide. Before you go on any inspection visit, be sure to read this month’s Feature Article on the essential questions to ask!
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New Fractional Listings on LF Guide
Click here to browse all of our listings.
*Enhanced Listing with slideshow, photos and more
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Feature Article:
13 Essential Questions to Ask When Touring a Fractional Property
Participating in an Inspection Tour or Discovery Visit at a fractional resort allows you to “try it on” and make sure that the property is the right fit for you and your family. You will have the opportunity to experience firsthand exactly what you might expect as an owner. This is your chance to ask all the right questions, make note of the answers and come to an informed decision.
Below are the 13 essential questions that you should ask during your visit. The answers to these questions should be the foundation for any decision you may make.
1. Is this deeded property?
While most fractional properties are deeded, you still need to ask this question. Deeded property gives your investment a better chance of appreciation and allows you to leave or “will” it to a family member the same way you could a whole-ownership property.
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Fractional Real Estate News
- A new fractional project underway in Key Largo, Florida is the Karina Bay Resort, scheduled for completion in 2009.
- The Telegraph in England wrote an interesting article giving a European perspective on fractional ownership.
- Several new fractional ownership opportunities have been announced by Cape Breton Lifestyles on the island of Cape Breton, Nova Scotia, Canada.
- Pre-completion incentives are now being offered for new fractional residences in Kauai Villa, Princeville, Hawaii.
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I hope you’ve enjoyed this issue of our newsletter.
Sincerely,
Sherman Potvin
The Fractional Real Estate Expert
Luxury Fractional Guide |
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