The FACTS on buying a ¼ share suite in the Timberline Lodges…..
What Am I Actually Buying?
The concept of fractional ownership, although simple, is still frequently misunderstood.
A fractional home is a fully deeded property that you can resell, mortgage, even leave to the beneficiaries of your choice, just like any other strata unit.
Owners have access to their property on a rotational basis — typically for a one-week period or two weeks back to back every second month. There is an option to put your property in a rental pool if you’re not using it — meaning there’s potential to generate a revenue stream that can be used to offset your costs. Also, option in Juniper Lodge to be a member of the exchange program – travel the world.
Why It’s a Great Option for you in this market?
Fractional ownership is an affordable option for purchasing recreational property — especially these days. There are great deals to be had with price tags now lower than when the sellers first purchased them for.
There’s also the usage factor. Most folks only use their vacation property roughly three weeks a year. Therefore, the 13 to 14 weeks usage is more than enough, so why pay a full-time price and pay maintenance fees for a full year?
Property is well maintained and cleaned prior to each arrival.
Those share that offer the Exchange program make it easier for all family members to enjoy their interests. Fernie offers amazing skiing/boarding, snowshoeing, fat biking in the winter months and summer offers biking, fly fishing, golfing and so much more, but in the future your family may wish for a tropical vacation. With the exchange program you can exchange your usage time with other resorts around the world, thereby making everyone happy.