Monday, March 9, 2009

Are Fractional Ownerships Replacing Second Homes?

by Nellie Day, NuWire Investor, March 5th, 2006

In this current economy, Americans are scaling back on luxury items like vacations, while others are defaulting on second homes that were purchased for tax reasons and the prospects of major profits. For those unwilling to give up their vacations and uneasy about holding onto cash, fractional ownerships may be an inexpensive option.

... Another perk of investing in a fractional ownership is that many of the hospitality chains that offer this investment are upscale resorts with five-star amenities. By paying the yearly fees, owners are not just covering the costs of repairs and upkeep, they are also paying for high-end services that are not normally offered to hotel guests. Owners can have groceries purchased and stocked, family pictures displayed and dining reservations made. Some resort communities even offer free spa treatments and rounds of golf to its owners. ... Read the complete article here. [NuWire Investor]

I can help you learn more about both the fractional and whole-ownership ownership opportunities that offer a collection of five-star amenities at Spruce Peak at Stowe Mountain Resort .

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