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Fractional ownership offers individuals the opportunity to buy partial ownership of generally high-end properties in resort areas (golf course, ski area or beach communities).  Usually the fractional ownerships are divided into fourths, sixths or eighths, with each owner having an equal number of days a year to use the unit.

At first glance it looks and sounds like a time share.  The main distinction between timeshare and fractional ownership is with a timeshare you buy the right to use a certain period of time (not usually flexible), but with fractional ownership you are buying real estate with more usage available and increased flexibility on scheduling.   You get a deeded piece of luxury real estate which you can sell, transfer or trade like regular real estate.    That being said, the cost of fractional ownership is higher than that of typical timeshare, though still much less expensive than whole ownership of a luxury home in the same location.

Depending on the property, most fractional developments provide the amenities of a first-class hotel such as concierge, housekeeping, ground transportation and grocery shopping services.  Fractional properties may be hotel suites, cabins, town houses or detached homes.    By only paying for a fraction of a luxury property, fractional ownership can be a much more cost-effective way to stay in desirable properties and locations.

In Mammoth Lakes there are two luxury fractional opportunities.  80|50 offers fractional ownership in one, two or three bedroom elegant condos with Gondola access, while Tallus offers fractional ownership in 5000 sq foot luxury homes located on Sierra Star Golf Course.

Fractional ownership is not right for everyone.  The family that wants to come to Mammoth every other weekend or an entire month in the summer should consider full ownership properties.  However, the family looking for 4-8 weeks per year in a high-end property offering both onsite and offsite amenities should consider fractional.   A qualified real estate can help you determine if fractional ownership is right for you.

For previous articles visit:  www.sonjabush.com

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Beautiful sunset tonight.

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Sonja was very knowledgeable and competent in selling our house in Mammoth. She is very personable and answered all of our numerous questions with courtesy, humor, and patience. Despite a greatly slowed real estate market, she sold our house in a reasonable time frame. - Stuart F.

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#nofilter Sunday evening neighborhood stroll. ❤️reflections, water, blue skies and fluffy clouds ☁️ #lovewherewelive ...

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If you have a light fixture you want to keep and take with you to your next home, take it down and replace it before you put your house on the market. You can also leave it up and "exclude" it from the sale within your listing, but it can cause issues if a buyer sees it and wants it. Avoid problems by removing it ahead of time.

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Beautiful day at the village. I love the clouds and like to look for shapes or object -- what do you see?

#mammothlakes #californialife #sierra #easternsierra #mammothlife #vacationliving #mammothlifestyle #dailylife
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Amazing two-bedroom condo next door to Canyon Lodge! Ski all season long in this cozy mountain home!

Properties Link Below:
https://www.destinationmammoth.com/properties/

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Hope everyone is having an amazing time at the Mammoth Trail Fest! If you haven't already make sure to check out this awesome event the rest of the weekend!

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Beautifully updated two-bedroom slope side condo just listed for sale. Check it out!

Link in Bio...

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What does “Months of Supply” tell us about the market?

To break it down simply:

📊Balanced Market = 6 to 7 months of supply
There are a relatively even number of buyers and sellers.

📈Seller’s Market = Fewer than 6 months of supply
There are more buyers than homes for sale, thus sellers hold the upper hand.

📉 Buyer’s Market = More than 7 months of supply
There are more homes for sale than willing and able buyers, thus buyers have more negotiating power.

Have a question about current market trends? Reach out at any time! We’re here to help you decode the lingo and make the most of today’s market 👨‍💻

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SNEAK PEAK! This two-bedroom condo next door to Canyon Lodge will be listed for sale in the next 24 hours!

Check out an early video tour now on our YouTube!

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I love working with awesome realtors like Heidi Vetter! How thoughtful is this?!” @vetter_heidi ...

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If your agent isn't available, don't call a random agent to show you a house you're interested in seeing if you plan on having your agent write an offer if you like the house. Agents don't get paid for simply showing houses, so it's inconsiderate to ask an agent to show you a house they have no chance of selling to you.

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The Mountain & Adventure Film Festival is entering its 9th year, this 3 day, free festival celebrates the best adventure films and athletes of the year. Films are shared nightly, outdoors, in the Mammoth Mountaineering Supply parking lot. Runs Thursday September 22nd - the 24th!

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What is your favorite season in Mammoth Lakes? #destinationmammoth #visitmammoth ...

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The Destination Real Estate team will definitely volunteer for the cause.

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You know, I hear there are a lot of trees in Mammoth Lakes... hmmmm...

In a study published in July 2015, a team of psychologists concluded that "having 10 more trees in a city block, on average, improves health perception in ways comparable to an increase in annual personal income of $10,000 and being 7 years younger."

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