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Home –› Property & Agents –› Property Websites
 

How To Buy A $1,600,000 Home For Just $160,000!

 

Author: James Montgomery

Just a dream?

Is owning a second home in the mountains only a dream? Because:

You and your family can use it only 4 weeks or less during the year?

All you can find are 2-bedroom, 2-bath condos for over $300,000? And that doesn't even include maintenance or monthly upkeep. Not exactly what you had in mind.

Wake up! We've got the answer!

You can buy more house and pay less than you would for a condo! You can actually own the home with a deed, but pay only for the amount of time you actually spend there!

No maintenance hassles.
No absentee worries! When you go back home, just lock up and leave!

How does 4,000 sq- ft.-plus of luxury sound?
You can own a luxurious six-bedroom home with over 4,000 sq. ft. for the two to four weeks you'll actually use it. You can even enjoy the home any other time on a space-available basis.

Compare.
If you go it alone.
If you bought the house all by yourself, you'd pay $240,000 down, have a 30-year mortgage for $960,000 and your payments would be $6,387 a month. You'd also have to pay the taxes, insurance, utilities and maintenance. Whoops, that's only $1,200,000, not even enough to buy the house yourself!

If you buy what you use.
How much to own a four weeks? $300,000 for a condo? $275,000+ for a luxury timeshare?

Own the house for four weeks for less than you could rent it for one week!
Buy your share of the house for $160,000. Use it at least four weeks and space is available the rest of the year. Just pay your share of the taxes, insurance, utilities and maintenance. You also get the appreciation in the home's value.

If the house is also rented, your investment could be eligible for depreciation and deductions for upkeep payments. Your interest in the house can be sold, willed to your family or gifted to your family. You can also donate your unused time to your favorite charity for auction.

Trick Question!

Is it better to pay $14,022.00 a year plus maintenance for at least four weeks use - and not worry about the house when you're not there ... or pay $10,500.00 to rent for two weeks?

Straight Answer.

On the average, any house like these luxury homes rents for at least $750 a night. That means four weeks rental = $10,500.00. If you finance $130,000, your payments will be about $14,022.00 a year. If you rent, your money's gone and you're left holding a memory. If you buy, you own the house and at least four weeks' worth of glorious memories!



So what four weeks do you get?
Time is allocated by lottery. Holidays are rotated so everyone gets an opportunity. Only 12 shares are available in any property and usually only 6.

What if ...
... you want to vacation someplace else next year?
Option #1: Simply rent one of your weeks. We'll help you.
Option #2: Another option will be available as we expand our program.

Our goal is to have properties in a number of different locations: Colorado, Utah, California Wine Country, Mexico, etc. The destinations will be those that our owners request. If a property you dont own is available, you'll be able to use it for a small fee to cover the costs of cleaning and operations.

Live the dream!
If you or a friend would like to learn more about how to get your dream second home in the mountains, call us. There's absolutely no obligation. Call toll-free (866) 692-5032. The number is a 24-hour recording. So please leave your name, email and phone number. We'll get back to you by phone as soon as possible.

We look forward to hearing from you soon. Happy dreams are meant to be reality.

Author Bio:
James Montgomery is a reputed author. James likes to write articles about this subject.
You can also reach this article by using: real estate web sites, real estate agent web sites, real estate investor websites
 
 
 

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