Flexible ownership

Frequently asked questions

• Why are you offering PacasoNow?

  Pacaso is delivering on our mission to make second home ownership possible for more people. With the uncertainty of the macro environment, our buyers are asking for more flexibility to experience our homes without the full financial commitment of ownership. PacasoNow is a new offering to lessen the upfront commitment of buying a whole while giving the full benefits of owning a Pacaso. We’re confident that once buyers experience their Pacaso, they’ll want to become owners for the long term.

• What is included in the ownership fee?

  The all-inclusive ownership fee is equal to 5% of the home cost and includes all operating expenses, cleaning fees and a Pacaso service charge. You will not see another charge during your first 12 months. Before PacasoNow, buyers were required to put a down payment of 30% upfront and pay additional monthly operating expenses.

• What happens after 12 months of ownership?

  After 12 months (from your first stay or 60 days from signature), you must complete their down payment (i.e. contribute an additional 25% additional towards the initial 5% down payment). If you are no longer interested in being an owner, you return your share back to Pacaso and walk away. Alternatively, you can take advantage of the Pacaso Home Transfer Benefit and apply their down payment toward another eligible home for an additional 12 months.

• I’m interested in PacasoNow. How do I move forward?

  Contact sales@pacaso.com, and we’ll get you started.

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