Talk of The Villages Florida

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-   -   Fractional Share Partner to purchase 2nd home in The Villages (https://www.talkofthevillages.com/forums/investment-talk-158/fractional-share-partner-purchase-2nd-home-villages-314604/)

Smalley 01-04-2021 02:21 PM

The only situation of shared ownership that I am familiar with was withing an extended family. Three couples each bought one third. Overall it was a success but I heard second-hand of disagreements among the parties and the difficulty of sorting it out. For example, "I think we should remodel the kitchen". "We should replace the carpeting" etc. This group was very cooperative on splitting up the time but I believe that could become a source of frustration as well.

Fredman 01-05-2021 12:54 PM

What a great way to make friends your enemies

eweissenbach 01-05-2021 03:26 PM

Quote:

Originally Posted by Fredman (Post 1882829)
What a great way to make friends your enemies

Unless you have true, trusted friends who share your values and tastes and you are flexible, easy going, and agreeable. We have such friends.

CoachKandSportsguy 01-05-2021 03:48 PM

Quote:

Originally Posted by eweissenbach (Post 1882313)
I never get tired of posters telling people what idiots they are for considering something. There are so many experts on everything that it is a wonder people don’t come here for marriage counseling, legal advice or any other important milestone in their life.

I almost typed the same point, because the original poster ask if anyone was interested, not what anyone's opinion was about doing something. Goes to the neighborhood bar conversation because we don't want to go to the neighborhood bar at the moment.

:duck:

shut the front door 01-05-2021 05:38 PM

Quote:

Originally Posted by CoachKandSportsguy (Post 1882889)
I almost typed the same point, because the original poster ask if anyone was interested, not what anyone's opinion was about doing something. Goes to the neighborhood bar conversation because we don't want to go to the neighborhood bar at the moment.

:duck:

Amen. That's why these threads drag on for 3 pages, with a dozen repeated answers (because apparently nobody here actually reads the reply before their trigger finger goes nuts).
OP asked a simple question, and 3 pages later, nobody has answered it. Just 3 pages of pearl clutching keyboard warriors who are all legal and real estate experts in their own minds. The paranoia here is really sad.

Bjeanj 01-05-2021 06:03 PM

I don’t know; if everyone posts, maybe that will discourage people from considering a fractional share partnership.
^_^

retiredguy123 01-05-2021 06:03 PM

Quote:

Originally Posted by shut the front door (Post 1882942)
Amen. That's why these threads drag on for 3 pages, with a dozen repeated answers (because apparently nobody here actually reads the reply before their trigger finger goes nuts).
OP asked a simple question, and 3 pages later, nobody has answered it. Just 3 pages of pearl clutching keyboard warriors who are all legal and real estate experts in their own minds. The paranoia here is really sad.

I think this website would be pretty boring if people couldn't express their opinions. The OP didn't just ask a simple question. He/she said that fractional ownership is "perfect" for snowbirds and a "perfect" way to buy a house in The Villages. That is their opinion. But, many posters strongly disagreed with this opinion, which is possibly why the thread has 3 pages of posts.

allison0523@yahoo.com 01-10-2021 10:37 AM

I think this could work out if everything was spelled out, agreed upon and executed legally. We would be interested in doing something like this. Have you been able to find anyone that has done this successfully? We will be in Orlando next week.


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