What is a Timeshare? and Why Own a Timeshare?

Question:

1 .What is a Timeshare? and
2.Why Own a Timeshare?
 

Answer:

1.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.
2.Have an ownership interest in your favorite vacation destination, i.e., Florida, Maui, Mexico, Park City, Palm Springs, London, New York, Greece: 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

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