Welcome to the new GrandShare BLOG
This is our new blog, return often. We will have lots of good articles here.
GrandShare
P.O. Box 445
American Fork, UT. 84003
This is our new blog, return often. We will have lots of good articles here.
November 29th, 2008 at 7:12 pm
Fractional buying and selling appears, to me, as an overdue and highly viable avenue for both buyers and sellers today. Vacation properties, owned in full, can be overly expensive both to purchase and maintain. We’re now in an economy where funds are hard to get. Second home properties are much more difficult both to obtain and to retain, repair and operate when the cash needed to run them is sparse. By splitting the load with three other owners, a quarter share holder is trimmming his/her vacation property commitment to meet the market. As a full time professional, I always encourage my buyers to foresee their exit strategy when making a buy. What better way to prepare an exit strategy than by reducing one’s downside risk by such a large percentage? When you add the positive “leveraging effect” on a buyer’s lifestyle, it seems compelling. Good documents are the key. Good planning is mandatory.