Newsletter - Volume 10. 2009

Global Quarters, Inc.  

Listing Spotlight 

Featured Fractional Property

Lake Tahoe - California

 Resort Equities Presents
"The Lake Tahoe Collection"
Ski-in / Ski-out  at Northstar Village  
Catamount Lodge

Your second home in Lake Tahoe is now affordable to you through the combination of fractional ownership and Resort Equities one-of-a-kind residences.  You can purchase your 3 or 4 bedroom ski village Catamount Lodge condo for as little as $325,000 for a 1/8th ownership interest, which buys you the benefits of deeded ownership, 5+ weeks of usage and access to other Resort Equities properties.

Winter fun abounds - the time is now

Squaw Valley  

...synonymous with world-class skiing

Graystone Lodge

 There's a reason why this home was a finalist for "Mountain Home of the Year" and earned the  prestigious "Design Achievement Award".  Simply put, Graystone Lodge is exquisite and one of the most spectacular residences in Lake Tahoe.  4 bedrooms, 4 and one half bathrooms, approximately 5,500 square foot custom built home. 

Features:

1/8th Deeded Ownership - 5 weeks usage - Exchange Program Includes, Italy, Hawaii, San Francisco Residences Cathedral ceilings
Massive stone fireplaces (five in total)
Hardwood, slate and travertine flooring
The centerpiece of this estate is a beautiful, hand-forged elevator
Dramatic great room, media room with home entertainment center
Formal dining room
Kids bunk room and lofted library/office
Graystone’s kitchen caters to the chef in you with Viking, professional grade range and dual ovens, chiseled-edge granite countertops, knotty-alder cabinetry and a walk-in pantry.
Wine enthusiasts can savor the 2,000-bottle, temperature-controlled wine cellar, enveloped in an authentic, reclaimed wine barrel ceiling.

Catamount "Mayor's House"

Affectionately dubbed "The Mayor’s House", this two-level, end-cap, luxurious, ski-in, ski-out condominium is truly fit for a VIP. With the Village at Northstar’s only private entrance and custom ski/mud room, this 2,329 square foot, four bedroom, four bathroom residence lives and feels like a single family home.

Pre-Season Special

4 bedrooms / 4 bathrooms 

1/8th Deeded Ownership -  

PLUS 10% off AND a year's free dues on up to two shares in this residence

Resort Equities is offering a limited-time 10% discount off the list price of up to two shares in its Catamount Penthouse and Mayor's House residences only. Additionally, Resort Equities will cover your first year's dues and property taxes for firm contracts received by 12.24.08.  Christmas share available but discount not applicable to New Year's and President's Week shares.

For more information on Lake Tahoe Northstar or Squaw Valley Fractional Residences:   click here.

 TESTIMONIAL FROM PAULA...  

In August, Resort Equities invited me to visit their properties in Lake Tahoe, at Northstar and Squaw Valley.  I must say there is something here for everyone and every budget.  The Iron Horse 2 bedroom, 2 bathroom unit overlooking the beautiful Ice Skating Rink, starts at $195,000 for a 1/8 share.  The Catamount Lodge residences overlook the Gondola and start at $325,000. for a 1/8 share and the award-winning home in Squaw Valley is The Graystone Lodge.   The furnishings and amenities in ALL the homes are warm, plush and luxurious.  Just step outside your door and enjoy all that Lake Tahoe has to offer. 

News From Global Quarters...

Today we are all faced with our changing world and our changed economy. 
If you have not yet considered fractional ownership as an option for a second home, I invite you to think about it, especially at this time. 

We all understand the premise of owning a second home; what we may not recognize is that statistics show that most homeowners use their second home only 17 days a year.  With this kind of usage, frequently the second home becomes perhaps the most under-utilized and over-capitalized investment in your portfolio. 
With fractional ownership, you will purchase the SAME deeded real estate investment; however you will purchase only the amount of time you need.  In most cases one share of a residence anywhere in the world will be sufficient; one share generally equates to 5 weeks usage rights. 

If you desire to use your second home more often you can purchase more shares. 
Consider the maintenance savings of 5+ weeks of ownership versus maintaining your vacation home year round
Consider allowing the management company handling all the details of ownership
Consider, in some cases, the ability for the same management company to rent your unused portion of your ownership.  
There are many positive things to consider when it comes to fractional ownership and I hope you will. 
 
If you wish to discuss fractional ownership more fully please do not hesitate to contact me directly. 

This e-mail address is being protected from spambots. You need JavaScript enabled to view it or 707.413.6066 
 

The U.S. dollar has strengthened 13% against a broad index of major currencies in the last three months The favourable move in the exchange rate has made the purchase of real estate more affordable. For instance, in less than four weeks, the U.S. dollar has strengthened by nearly 17% against the Euro, going from .6841 on Sept 26th to .7986 on Oct 27th. If an American client had been looking at a $500,000 Euro property, the actual U.S. dollar cost to the buyer would have decreased by $100,000 during this time period. 

For more information please contact: 
Jody Cracknell

Business Development Manager

HiFX Inc.

Phone: 415.678.2770
 

-We hope you had an enjoyable Thanksgiving Holiday -  

If you have any questions or would like to speak with me personally, please do not hesitate to call me.  We are look forward to hearing from you!
 

Paula Gold-Nocella, President & CEO

Global Quarters, Inc.

866.303.6621

This e-mail address is being protected from spambots. You need JavaScript enabled to view it

AGENTS:

Opportunity knocks...

Refer your friends and clients. We will provide the expertise and
service and you''ll earn the extra income.

707.413.6066