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Austin Texas Realty Blog > What is Fractional Real Estate?What is Fractional Real Estate?Contributed by ATR Admin on November 1, 2007 Fractional real estate allows several people to pitch in to buy a really expensive home. Everyone's name is on the deed, and the various parties can decide who gets the house when. Similiar to a vacation timeshare, this allows people to gain access to a property that they normally couldn't afford. There are now numerous websites specializing in fractional real estate that will help with all the paperwork and logistics. In fact, grandshare.com is offering ownership of the multi- million dollar mansion in Dallas showcased on HGTV for only $600,000. Each partial owner will get access to the fully furnished home every fourth week. While you would certainly need another home, this allows consumers to invest in a property that would otherwise be well beyond their means. Comments:No comments have been submitted yet.
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