A surround-sound entertainment system provides music throughout and cable TV in front of a large stone fireplace. He makes sure there are no worries about maintenance or such vacation home headaches as broken water pipes. An added feature at StoneRidge is the flexibility in choosing vacation time. Choices are offered each season rather than just rotating through the weeks of the year. Also, if buyers want to come for several weeks in a row or change weeks, they can use a different townhome.
Owners can and do rent out part of their time and get some cost relief.
The renters must stay a minimum of three nights. Ray said quite a few rental guests purchase shared equity. Neither Seaview nor StoneRidge allows pets. That makes sense for upkeep of the units, but not for families who'd like to bring their pets on vacation. Both Ray and Dunn are optimistic about shared equity.