In the current economic climate, fractional developers are more and more frequently offering seller financing options to would-be owners. Other developers are becoming more creative in an attempt to make shared ownership a reality. Such is the case with Luxury Lodging and Exchange’s new economic stimulus package being offered for The Retreat at Sundance, a spectacular fractional home located in Sundance, Utah.
October 2018 Update:
Better fractional ownership options are now available.
This new program allows prospective Owners one year to conclude their share purchase while having all of the benefits of ownership during that time. To qualify, you must:
- Pay a $15,000 non-refundable deposit.
- Qualify for a loan to purchase or show funds to close.
- Pay the normal monthly assessment.
- Use the home for your six-week share as if you were an Owner.
At any time during the one-year period, a buyer can exercise their option to close on their share. As Gary Robison, Owner and Founder of Luxury Lodging and Exchange, comments, “If at the end of the year you decide not to purchase…at least you and your family will have shared some treasured time together.”
For more information, visit the Luxury Lodging and Exchange website, or call them at (888) 404-8712.