How does Fractional Home Ownership differ from the traditional timeshare?
Fractional Home Ownership focuses on exclusive multi- million dollar properties and offers many amenities, including concierge services. Fractional Home Ownership is not just a vacation product, it is an opportunity to own a true second home with up to three months of usage each year. (In North Carolina, Fractional Home Ownership is governed by the North Carolina Time Share Act.) What does Fractional Home Ownership Cost? Depending upon the number of owners, typically six, eight or ten, Fractional Home Ownership can cost anywhere from $125,000 to $500,000. There are home ownership options available for all budgets and lifestyles. Can fractional home shares be resold? Yes. Fractional homes may be sold in the same way as traditional homes. You may sell your share at any time. W. Smith Mill’s management program includes a resale process to assist with selling a share. Can owners secure financing on the purchase of a fractional home? Yes. Contact a loan officer for financing options or call
