Tag archives: fractional home ownership

Montecito Association Discusses Pacaso
By Kelly Mahan Herrick   |   June 28, 2022

At last week’s Montecito Association (MA) meeting, the Board discussed what has become a hot topic in many communities across the country: fractional home ownership via Pacaso, a Bay Area-based company that buys homes and then sells fractional interests in them to second-home buyers. After the sale – in which the company makes a profit […]