That's right sellers can keep a portion of their beloved vacation home without selling!

Sellers who enjoy owning and visiting their vacation home, but for whatever reason believe they need to sell it, now have another option to an outright sale. They can sell a piece of their home and retain only the amount of ownership they actually use. This option is an amazing revelation to most vacation home sellers. Unless it was purely a short-term purchase, most sellers expect to keep their vacation home for many, many years. It is quite a heartbreaking decision to have to sell it. With fractional conversion, they may not have to.

The “ah-ha moment” for this type of seller is the realization that they can keep a portion of the ownership themselves while selling the rest. This ownership share can be in whatever amount they choose and can be customized to fit their needs. If homeowners find they are only staying two months out of the year at their vacation home, they can keep two months of ownership and sell the other ten. This will relieve them of over 83% of the ownership costs! That’s why there is an “ah-ha” moment for most people.

Another very good use of this strategy is to remove the debt from a vacation home so that it is free and clear to the owner. Depending on the amount of equity in the home, a seller can create a debt free co-ownership vacation home without the headaches of maintenance. 

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