Monday, June 15, 2009

How is Fractional Ownership different than Timeshare?

Many people have the  misconception that fractional ownership is the same as a timeshare. Actually there is a very big difference. Fractional ownership is deeded equity ownership. The typical fractional property is much more luxurious and larger than a timeshare. It is usually much easier to acquire financing, and fractional ownership offers much more flexibility and is considered an equity purchase.

How many weeks do I get?
The number of weeks each share owns depends on the amount of shares being offered - Unlike a timeshare which can typically be one or two weeks, a fractional can easily be from 6-8 weeeks minimum. Those weeks are split during the seasons, so the different seasons can be enjoyed.

What are other benefits of fractional over timeshare?
There are many. You may sell your fractional share at any time and at a profit. The flexibility of fractional options is much greater than timeshares. You can fractionally own luxury single family vacation homes. For example, The Ridges at Tellico Lake in the Smoky Mountains of Tennessee are offering two homes for fractional use. Both luxury homes built by one of the premier log home luxury home builders in the United States. They are 2,500 and 4,000 square feet in size, afford spectacular mountain and lake views and are both appointed with outstanding interior features. A 1/6th share is available from $149,000. This means you save over $850,000, to enjoy the same luxury and the same usage as sole ownership.

This is why fractional owners are calling this type of ownership - Smart Ownership.
You have none of the maintenance and none of the headaches that come with sole ownership.
For more information about the beautiful homes at The Ridges at Tellico Lake, visit www.theridgesattellicolake.com or call 1/877-Tenn-A-See (836-6273)

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