Luxury Home Magazine

Special Section: Fractionals taking on the loans because they see them as high risk. “If the borrower defaults, it could be difficult for the lender to sell the property. Some boutique banks will do the loans on an in-house basis” This one good reason to take a little time to consult with a firm that has their finger on the pulse of this type of financing. It could mean big savings over the course of the loan. Sellers, buyers and even realtors need to make sure they get the right information from the start and to examine closely all aspects of fractional ownership. Old Republic Title and Escrow, which has branches throughout Hawaii, has put together an excellent, comprehensive and easy to read Consumers Guide on fractional ownership. Also, there are select mortgage companies, such as Spooner Financial and American Bancorp that have the resources and knowledge available that can yield enormous dividends by just asking. Without a doubt, the nicest fractional offered in Hawaii is on the finest white sand beach on Earth: Kailua, Oahu. This brand new estate can be yours starting at just $1,695,000. www.paradisepointestates.com The Wailea Lani estate in Lanikai, Oahu normally rents for $46,800 per month, is also available as a fractional. Why rent when you can own? Managed by Anne Kwock, www.trinityproperties.com Overlooking Kaneohe Bay, Oahu, The Honu Kai or Turtle House is a perfect example of a fractional get away. Where else can you get this close to Hawaiian waters for just $275,000? Presented by Denise Drake www.livebeachfront.com You cannot beat a condo if you are looking for convenience and every available amenity. Jack Tyrrell & Company has the best offerings of luxury condos in Honolulu. www.jtchawaii.com Featured Fractionals