what do people think about shared ownership schemes?
821036
I own my flat through a shared ownership scheme.  I work for the ambulance service and I got my scheme as a key worker, so I can't give advice necessarily on how to get onto a different type of scheme, but am happy to let you know my experiences.\n\nI live in greater London and couldn't afford much more than 60k mortgage, but the shared ownership scheme offered to match mine to buy the property 50/50.  The way that it worked with mine, is that they effectively bought the flat then I bought 50% of it off them (it was actually much simpler than this sounds!!)\n\nSo, I now own half a flat.  I put down a deposit on my half and when I sell that capital is returned to me.  I have a mortgage on the remainder of my half, and obviously whatever I have paid off by the time I sell is mine in the same way as any other mortgage.  However, when I do sell, half of any profit made from any increase in value goes to the housing authority and half to me.\n\nI pay the housing authority rent on their half of the property.  Although this is annoying, the rent is relativly low and in total I pay less in mortgage repayments and rent to the housing authority than I used to when I was just renting and at least now the bulk of it is going to pay off my mortgage on property I own.\n\nWhen I want to sell the flat, I first have to notify the housing authority and they have first dibs.  Basically they offer my half of the flat to people on their shared ownership lists.  If after a couple of months they don't get anyone to agree to buy my half, I then put it on the open market and it is split 50/50 again.\n\nIf I sell my flat on the open market I will be liable for all fees just as if I was a sole owner, but if they sell it through their scheme there are some fees that they pay.\n\nAll in all, I think it is a really good scheme.  As I say, although I pay rent on some of it, I pay less than I did just renting and I am already paying off my mortgage and I am on the property ladder.  This is something that I wiuld not be able to do for many years on my own and I would still be throwing away hundreds of pounds of rent each month just to pay off someone else's mortgage.\n\nWith the amount of money that you seem to be able to raise, you would prob be able to go for owning a bigger portion of a property which would obviously benefit you and you would not have to pay as much rent as you will own more yourself.  At any time that I am livnig in my property I can have the place re-valued and then buy more of the property from the houseing association at the present value.\n\nI hope that this helps a bit.\n\n(sorry for any poor spelling but its not my strong point and spell checker not working!!!)
659550
you can only take ownership if you running XP professional, and if you are running XP home you wont be able to access them because home does not support encrytion
1116571
I think that you should be able to share all of them.  This way you dont have to hide anything from each other.
1061024
I would be interested but im pretty sure that even though that you have the deed to the property doesnt the government have to make the final determination of whom can buy there.\nI remember something to that nature my ex saying.
104868
A little selfish are we? I have no idea but I thought you may want to consider compromise as part of the deal when or if you find out. You know a little time spent listening to your stuff then a little time spent listening to theirs?
74259
Nope, that is not "Fair Use"...one of the marks of "Fair Use" is that it's for your own use.... You could let another member of your own household (family) do so, but you can't grant your neighbor  "full use and enjoyment" of your music collection.
241192
You get no return in your investment, but I personally have nothing against them.  The way they are built now, versus 20 years ago, are very sturdy, almost like a house.  If you already own land, it's a good idea, to me.
665193
Did you mean one at a time? If not then you are in for a treat if you are lucky. Could be exhausting though, if there is more than one of us we get really mad if we don't get our share. Trust me it can work out, but is not easy. Best of luck. Joan. UK.
699208
no because we pay a fortune for our access to these things - why should we give it away free to a competitor?\n\nAnyway, my best suggestion is to form a group that shares a sub to these things: I know of several. I'm in one group myself (not for Response source but similar PR tool).
114159
I am an owner in the RCI points program. I like it. \n\nYours is different it looks like in that you don't actually own a week somewhere, just points. The RCI points you own a week at an RCI points resort and then decide each year if you want to 'bank' it and get the points. If they don't give you a deed that has a week number and unit number then you don't really have a deed. Some of them just pool the group together. There is an obvious problem if they decide to give you the crappy unit or a new unit in a worse building in the future. Ask them and see what they say about it. Just remember they have a slick answer for everything. \n\nYou should make sure that the annual fees are not too much, or more than you expect. They add up and when the bill comes you better be happy about it or you may decide to cancel it and lose everything you paid for.\n\nLooks like you can transfer to RCI points, you better make sure how many points you get is guaranteed, they may just give you fewer if they decide to as time goes by. \n\nBest thing to do when using time shares that have points is make sure you will be happy using the limited version of the program or don't do it. In this case that means staying at your bluegreen resort or any other bluegreen resorts if that doesnt actually cost more.\n\nGo take an RCI points tour somewhere if you are not sure and want another option.
13232
It really works for some folks.  I know a lot of people who are on their 2nd marriages that do that.  And some couples have joint accounts for house stuff and then separate "fun" accounts for themselves.
898403
I wouldn't trust such program. Human tends to be greedy. How can they share their wealth with someone they don't even know?\n\nAll they do is promoting it like crazy, saying this and that, turning your reality into illusion, then rip your money off. Now, what is left? You keep on using/promoting the softwares/programmes while the developers laughing all the way to the bank.\n\nMy kind advise, do be trapped by them. Money won't come easily.
467327
I have been working Group Homes for 3 years now , and finally I have the resources and $$$ to start one of my own.\n((( Work in one first get all of your training and Certificates, it's alot more harder then what people are saying about it )))
1082175
After you possess it will you sell it, hoard it or share it with others?  Or would we have to pay tolls to use it?
1076118
I work for a firm like that.  Yes you share in the profits in the form of fees.  Fees for locating, selling, fixing etc.  Basically, learn the abc's of real estate which are locating as-is deals, valuation, and repair estimation.  Locating as-is deals are pretty easy.  Valuation requires knowing what other properties have SOLD for in the area, so befriend a Realtor (or get your license in a weekend).  Estimating repairs takes experience so befriend a good contractor.  Then approach Homevestors for starters as these guys do pay.  As you gain experience, private investors will be begging for your services.
951877
Depends entirely how title is held   Tenants in Common, Joint Tenancy w/ Right of Survivorship, etc.....
129301
This is different for different groups.  I suggest asking the group owner this question.