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Fractional Auctions
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TOPIC: Fractional Auctions
#174
Fractional Auctions 3 Years ago Karma: 1
In a sign of the times 4 fractional shares in Bighorn Meadows on the Springs Golf Resort in Radium Hot Springs, British Columbia, are being auctioned on May 30.

The fractions will be sold to the highest bidder, regardless of price.

The two 1/4 shares are for one bedroom residences, with a "market value" of C$180k.

The two 1/8 shares are for two bedroom residences, with a "market value" of C$90k.

There are more details on the auctioneers website.

Anyone heard of any other fractionals being auctioned ?
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