May 16, 2023 (Salt Lake City, Utah) – Fraxioned is a shared ownership program for the new generation. The online platform offers prospective clients the most luxurious second home and vacation home options from all over the United States. Thanks to fractional ownership, now everyone can own a luxury home at an affordable price.

Home-hunters should consider the far-reaching benefits that fractional ownership in real estate has to offer. We’ve answered some of the most pressing questions you may have about fractional ownership below. Here’s everything you need to know about fractional ownership with Fraxioned:

How Does Fractional Shared Ownership Work?

When you buy a fraction of a property with Fraxioned, you’re paying for exclusive access to the entire property for a fixed portion of the year. For example, for a 1/8th share, buyers can stay for 6.5 weeks each year in their chosen property.

Co-ownership, or shared ownership, is the new way for people to enjoy a second home for less. A group of like-minded co-owners share the repair costs, maintenance fees, and other responsibilities typically expected of a homeowner.

How Does Fractional Ownership Differ From a Timeshare?

Many home buyers are unclear on the differences between fractional ownership and a traditional timeshare model. Here are some pointers to keep in mind when comparing the two:

• In a timeshare, the buyer purchases the right to use a property for a specific amount of time each year– usually seven days– for a predetermined period, such as 50 years. Once that period is over, the buyer's right to use the property expires, and ownership reverts to the property's original owner.

• Fraxioned's fractional ownership in real estate model can be purchased on a “right-to-use” basis, similar to a timeshare. However, Fraxioned offers its clients the added benefit of purchasing a fraction of a property managed by its trained staff. You can own the home without worrying about repair costs and maintenance headaches.

The critical difference between fractional ownership and a timeshare is that fractional ownership involves buying and owning property. In contrast, with a timeshare, the only thing you are purchasing is the right to use the property for a specific amount of time.

About Fraxioned

Fraxioned is a simple and fast way to own your very own second home. With a long list of added amenities, there are many benefits a new homeowner can take advantage of. Browse your favorite properties or compare multiple properties on our website to find out which best suits you.

At Fraxioned, we give you the opportunity to purchase 1/6th or 1/8th shares of stunning luxury properties in exotic locations, all through special-purpose LLCs. Imagine owning a slice of paradise in a place you've always dreamed of without the headache of managing the property yourself.

For more information about Fraxioned's unique investment model, call us at 1-888-668-6188 or visit our website at https://www.fraxioned.com/. Let us help you make your dreams come true.