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Myrtle Beach Fractional Ownership
Fractional Ownership is not a TIMESHARE!!!!
This is a common misapprehension; many people confuse a timeshare with fractional ownership. However they are wrong. They are completely different. 1. Timeshares are normally for just a couple weeks a year or are based on a point system you can trade at other resorts; normally your ownership consists of not a whole lot more than a piece of paper that has maintenance fees. With Fractional Ownership you actually own part of a brick and mortar structure. Normally most fractionally owned properties are broken into 1/3 and 1/4 shares where you receive up to 3 to 4 months of allotted guaranteed time. 2. Financing a timeshare can be difficult; one of the reasons is because banks are lending money on a depreciating “product”, similar to a car. Normally interest rates are high and most of the loan goes to pay timeshare commissions which can be 40% or more of your purchase price. Financing for Fractional ownership is the same as financing a regular piece of real property. This is because it is real property. It is an asset that is normally in an exclusive vacation resort that will in time appreciate just as if you bought full ownership of a property. 3. In the past Timeshares have historically decreased in value and have been difficult to sell. Fractionals on the other hand have appreciated at a rate comparable to the real estate in the local market it is in. For More information on Fractional Ownership Contact us at Fractional Ownership in Myrtle Beach.
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