Going Green with GrandShare Fractional Real Estate

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Mon Jan 28, 2008 9:44am EST

GrandShare Helps Make Second Home and Vacation Home Buyers Think
                   Green with Fractional Real Estate
SALT LAKE CITY--(Business Wire)--When most people think of "going green" they consider replacing
their incandescent light bulbs with energy-efficient compact
fluorescent bulbs, or buying a hybrid car. GrandShare, a provider of
fractional homes and properties, is leading the market with another
way to think green through Fractional Real Estate.

   With Fractional Real Estate, a few people own a portion of the
deed to a second home or vacation home and they have access to it at
different times throughout the year.

   "Land use and conservation are important topics today," said Mark
Chesney, Founder of GrandShare. "There is a lot of buzz right now
about going green and many industries are making it more tangible with
the advancement of new and innovative building materials and recycling
programs. Fractional Ownership is a new way to look at conservation by
allowing a few different people to utilize the same land, the same
resources and the same energies that went into building the home."

   Many people are turning to fractional ownership because it allows
people to get into a much larger or higher-quality property than they
could through sole-ownership. It also removes the hassles of
day-to-day management from their shoulders.

   David H. Schwartz, a real estate broker with Mammoth Realty Center
in Mammoth Lakes, CA, observed, "Vacation homeowners use their home no
more than one week a month. Homes sit empty for most of the year. This
is considered wasteful and definitely not 'green.' The land use, use
of natural resources and fuel use in constructing second homes is
wasteful and inefficient if those homes are not owned fractionally."

   The Fractional Real Estate concept conserves resources by negating
the need for someone to build a separate vacation home that they would
visit only a few weeks out of the year.

   For more information about Fractional Real Estate and how
GrandShare brings the reality of second home ownership to the masses,
please visit http://www.grandshare.com.

   About GrandShare

   GrandShare is a provider of second homes for individuals and real
estate investors who can benefit from owning a portion or fraction of
an independent property. The GrandShare process has the backing of
lenders and other real estate support services. Its one-stop,
step-by-step process makes cost-prohibitive properties affordable and
complex transaction processes simple. For more information, please
visit www.grandshare.com.

SNG PR
Tim Rush, 801-208-1100
Tim.rush@sng.com
www.sng.com

Copyright Business Wire 2008
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