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Want to buy part of a house?

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(@earcandy01)
Posts: 3
Active Member
Topic starter
 

Hi all, I'm going to be shopping for a house on St. John sometime in the future and have a question. This was originally going to be primarily for personal use and investment, but I've had a thought I want to explore.
Realistically I wont be down but maybe 6 or 8 weeks per year, so I may decide to sell fractional ownership off to 4 or 5 other responsible parties to share the place with (also share costs and income appropriately).
Would anyone here be interested in buying into, or consider an idea like this? I'm sure that there are others out there that want a solid place to go they have a vested interest in, something more than a week or two like most timeshares. Can you all tell me what would interest you? What would you want? What would it be worth to you? Would you pay $200k to have 6 or 8 weeks forever?
This is just a thought right now, please give me your thoughts. Thanks in advance!
(And no, I wont sell 6 months for $100 for all the smarta** comments I forsee coming in!)

 
Posted : October 28, 2008 3:23 pm
 Pia
(@pia)
Posts: 1036
Noble Member
 

Hey earcandy, I sent you a PM and just wanted to follow up here as well. There are some Homes and Condos already being sold in "blocks" ranging from 1 month to 25% ownership. Saves you the effort of finding your "partners". I can send you (and anyone else who might be interested) the details. Pia

 
Posted : October 29, 2008 12:11 pm

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