| The American vacation tradition is alive and well thanks
to Shared Ownership (Partnership Intervals). We all
remember our childhood vacations at the beach. With the
rapid increase in coastal property values, many families
feel priced out of the market. Interval Ownership offers
these families a practical means of assuring future
generations of children and grandchildren the
opportunity to create the memories and traditions we
remember so well.
Each Interval Share purchaser owns an interest in a
fully furnished beach home and is entitled to occupy the
unit each year for the time interval purchased which is
four weeks. One week is assigned in each of Kure Beach,
NC four wonderful seasons plus one Holiday week. The
interval periods rotate one week each year.
Through an annual regime fee owners share the
maintenance cost to ensure the quality of the property
stays the same. This fee covers the property management,
upkeep of units, refurbishing, utilities and
maintenance. This is a small annual expense when you
consider that on your vacation you will enjoy the
luxuries of home such as a VCR/DVD, nice furnishings,
and spacious accommodations as well as the beautiful
Kure, NC beaches.
Some of the great advantages of interval ownership
are: You are afforded the ability to purchase your Kure
Beach, NC vacation home for just the time you use it
each year. You become the exclusive owner of the
intervals you choose. You own your unit outright and
receive an Indentured Deed, which is recorded in the
county where the property exists. You may rent, sell,
exchange, bequeath, or give away your weeks just like
any other real estate. You become a member of your
home's private Home Owner's Association (HOA) where you
and the 10 other owners, as an HOA, have total control
over your property. Units are refurbished; furnishings
and equipment are replaced as required or at the
discretion of the HOA. A one-time purchase guarantees
Kure Beach, NC vacations forever at today's prices, with
no repair or maintenance problems or seasonal openings
and closings. Your Kure Beach, NC vacation begins the
moment you arrive.
Many families now own second homes at their favorite
Kure Beach, NC resort. However, some decide that full
ownership of a second home is not practical due to
availability of disposable income, problems associated
with caring for a second home from long-distance or
simply from the short periods that families actually use
the second home. For these families "Interval Ownership"
offers the ideal alternative. Interval Ownership is a
simple, practical concept, which offers the opportunity
to own a fully furnished home in Kure Beach, NC at a
fraction of the cost of purchasing an entire second
home. |
