Quote:
Originally Posted by Iowabuddy
We live in the Orlando are and are seeking one (1) 50% or Two (2) 33% partners to purchase a vacation home in The Villages. Also open to current home owners willing sell a % of their current home.
Fractional ownership is perfect for snowbirds or anyone seeking a second home who doesn’t want to purchase the entire home as they will not utilize it full time. We would agree on usage, with each partner responsible for their share of the cost of the home. We are flexible to the days we would utilize the home, are responsible, clean and pet friendly.
What a perfect way to purchase a home that you’ll not utilize full time! We still work full time in the Orlando are and are desiring a second home we could utilize in The Villages.
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Hmmmmmmmmmmmmmm.
One of the things I love about The Villages is the level of care seen by homeowners to their property. I am thinking that Fractional Ownership would not be on that level.
In fact...I read this and tend to agree;
"With so many owners, stays are infrequent and short and upkeep and care is left to a paid person. As a result, there is little emotional connection between the owners and the property. The lack of “pride of ownership” promotes an apathetic attitude toward the property. The high traffic through the unit also means more wear and tear."