Co-Ownership of Recreational
Property
There is no question that owning a luxury
home, townhouse or condo in a premium resort destination
like Whistler provides a growing family with the perfect
place to create memories that will last a lifetime.
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It also provides a golden opportunity to share
the good life you have created with friends and business associates.
Unfortunately, the cost of acquiring these properties has risen
greatly in recent years making the decision to purchase a resort
home a substantial one even for the most affluent clientele.
Wayne Wilkins is a working editor
for Dream House Magazine and a founding partner of
Ownermatch
International.
Now there is a new option well worth considering. Why not co-own
your property with another person like yourself? Someone who
appreciates the great lifestyle that a luxury property provides
but who also recognizes that their needs could easily be accommodated
with half ownership. Keep in mind that average occupancy by
owners of recreational properties in Whistler is only 45-60
days per year.
The philosophy is simple. By buying a half interest in a more
luxurious property with more space, features and amenities,
you can experience a more appealing “resort experience”
for the same amount of money it would cost to purchase a much
less appealing property on your own. The “lifestyle”
benefits are enormous. Each co-owner can enjoy a more luxurious
property while accommodating the needs of their family at half
the cost.
The key is finding the right co-owner. You want someone who
appreciates the “quality” of lifestyle that you
do, someone who is as financially stable and responsible as
you are, and someone who demonstrate the same “pride of
ownership” that you do. Ownermatch International will
help you find that person.
Ownermatch International is a new company that has been created
to facilitate the coownership of recreational properties in
resort destinations. They provide a comprehensive strategy to
find, structure and maintain a healthy co-ownership partner.
The development of Ownermatch International is a natural evolution
in the high-end resort marketplace. With the advent of fractional
ownership projects, it has become obvious that creative alternatives
to sole ownership are welcomed by today’s consumers. Many
cannot justify sole ownership of a luxury resort property but
still desire a high quality property they can utilize regularly.
Simple coownership provides the exclusivity of hands on control
and flexibility of usage that is missing in timeshares and quarter
share projects where decisions are given up to multiple owners
and management companies.
With only two owners costs are easily controlled and occupancy
can be customized to accommodate each family’s needs perfectly.
It can be a simple week by week or month by month rotation.
Or it can be a seasonal split. There are lots of options. Ownermatch
will help you explore those options in order to maximize your
lifestyle at the lowest possible cost. Everyone wins! Even your
accountant will be impressed.
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