“Buying a golf home is a big decision,” said Mr. Becker. “With fractional ownership in or near a golf-rich market, you have the ability to experience a potential destination or community without a long-term financial commitment.”Below are the essential questions to ask about fractional ownership and how to find the best community for you. Is fractional ownership right for you? Buyers who are considering fractional ownership at golf communities should consider how often they travel and what role the sport plays during their leisure time, said Greg Spencer, the chief executive of Timbers Resorts, a boutique developer of hotels and resort communities worldwide. Private residence club ownership is also better suited for buyers who don’t want the hassle or expense of managing a vacation home but still want a place on or near the course that they own, even partly.

Source: International New York Times September 10, 2021 09:00 UTC