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Old Thursday, April 7th, 2011, 01:11 AM
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charlescroes charlescroes is offline
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Default Timeshare a House

One of the most interesting things going on now-a-days is the timesharing of homes. What happens is that (as an example) 6 couples get together and buy a house. Between themselves, they set up a usage rotation plan so that each couple had use for two months on a rotation basis. For example a couple could get the use of the house January and February one year and then March and April the next. the rotation system allows the couples to plan ahead and even rent their time to a third party while they stay at a hotel or other regular timeshare of their choice during another time.
This is actually how timeshare started many years ago in France and now it seems to be making a slight comeback. You would have the nice features and benefits of a home while also having housekeeping services daily and even have the housekeeper do the cooking. the benefits of the island are there to enjoy and the cost for such an arrangement is very soft.

A $300,000 house shared by 6 families would be $50,000 each for 8 weeks or $6250 per week!

One set back - You need to find 6 couples that would cooperate and get along with each other and that would all care for the property and not abuse it.

All in all, it is an interesting (old) new idea.

be well
charles
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Old Thursday, April 7th, 2011, 12:56 PM
iamromo iamromo is offline
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Default Re: Timeshare a House

On the Home and Garden channel's house hunters show, they show things called "fractional"(?) owners. Not sure if that is the term, but same as your scenerio, what if the other owners are not the best...
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