Own your vacation home for a week?
Recently, buying and selling of Timeshare has become increasingly popular.
What is a Timeshare?
According to Ebay, "a Timeshare (Vacation Ownership) is the right to use a vacation property for a specific time period. Usually purchased in weekly increments, a timeshare can be purchased for a fraction of the cost compared to owning a vacation home. For example, the ownership rights for a Kauai beachfront condo may be divided into 52 weeks, with each buyer owning a different week. All the owners have guaranteed rights to stay in the timeshare while sharing costs."
Why Own a Vacation Timeshare?
- Have an ownership interest in your favorite vacation destination, i.e., Florida, Maui, Mexico, Park City, Palm Springs, London, New York, Greece?/li>
- An awesome way to spend quality time with your family
- Can lock in tomorrow's vacations at today's prices
- Exchange, trade, or rent (Orlando year 1, Aspen year 2, London year 3, etc.)
- Timeshare accommodations offer more room and amenities than most hotels
- A home away from home - fully furnished, most with full size kitchen
- Annual maintenance costs are shared by all owners and supervised by a management company, freeing you from the worry, hassles and inconvenience of owning a vacation home.
- Can pass on to your heirs
Would this type of "ownership" appeal to you?
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