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Timeshare ownership is a popular vacation home investment currently held by over three million American households. A timeshare is joint ownership in a vacation resort property that gives you an exclusive right to occupy a condo unit for a specified interval each year. What might you need to know about timeshare ownership if you are considering making such an investment?
There are two ways to approach timeshare. One is to buy a right-to-use membership that allows you to stay in a particular condo for an annual block of time for a number of years. You can also choose to trade your right-to-use time with someone else, perhaps someone who owns timeshare in a different location you yearn to visit. Simple-fee ownership is more like conventional homeownership -- you purchase a slice of the property and receive title by means of a deed. The property is legally yours. You can obtain insurance on the time-share property, sell or lease it, or have it transferred by will. Deeded timeshares can be also willed to family members.
Minimize the stress of booking yearly accommodations by purchasing ownership in a timeshare resort in one of 81 different countries.
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| Q |
What is the longest construction time for a private residence?
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| A |
The Winchester House in San Jose, CA, was under construction for over 38 years. |
See More Real Estate Trivia > |
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Sherry Ajluni and Maria Livingston Keller Williams Realty Consultants 695 Mansell Rd., Suite 120 Roswell, GA 30076 678-283-1710 678-548-5513 Fax: 404-592-2827 Info@SherryandMariaTeam.com
Experience, attention to detail and concern for our clients set us apart from other real estate professionals. We go above and beyond to make sure our clients get personalized attention right when they need it, not days later. We make sure they are making the right purchasing decision for them, even if it means not making a sale for us. We always think “resale!”
We are dedicated to making your move effortless…

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