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Margie Casey's Blog

By Margie Casey | Broker in Florida
  • Leveraging Your Second Home with 3RD HOME

    Posted Under: Celebrity Homes in Charleston, How To... in Charleston, Property Q&A in Charleston  |  December 9, 2011 12:16 PM  |  1,224 views  |  No comments

    Margie Casey's Blog:

    Spice up your second home life by accessing the global luxury home exchange club 3RD HOME. As with most new toys, when the newness wears off, some will wonder if purchasing a second home was a smart long term choice, especially if you love to travel and get bored easily. It seems like such a waste to leave your second home empty when you're not there. 3RD HOME opens a gateway, providing access to luxury homes around the world by depositing weekly usage of your second home into the club. If your home qualifies, you would be eligible to receive equal weekly usage of similar type second homes. However unlike timeshares, the 3RD HOME club is more flexible, allowing usage of any luxury home around the world in the club of equal value at any time, based on availability.

    For example, when you deposit the first week of December into the club, you would have access to a similar type home in Hawaii in the spring, based on that type of club home being available at that time of the year. What type of homes are eligible to participate in the club? Club luxury second homes are defined as homes valued at more than $750,000 in desirable destinations around the world. The average home values in the club are $2.25 million, many of the homes extraordinary. Primary residences are not eligible. For each exchange, 3RD HOME charges...

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