What Is A Timeshare, The Different Types Of Timeshares, Why People Should Not Invest In Buying Timeshares, And The Problems With Investing In Buying Timeshares

This audiobook is narrated by a digital voice. This essay sheds light what is a timeshare, reveals the different types of timeshares, demystifies why people should not invest in buying timeshares, and explicates the problems of investing in buying timeshares. Succinctly stated, a timeshare can represent fractional ownership in a real estate property, such as a house or condominium, or can alternatively represent a “lease allotment of usage” at a resort. For instance, purchasing a shared-deeded timeshare furnishes a buyer with “a form of fractional ownership” in a real estate property. When you buy a shared-deeded timeshare in a real estate property, the real estate property is often located at a desirable vacation destination. Having fractional ownership in a real estate property allows a buyer to be conferred with the benefit of having a percentage of ownership in a real estate property. Having fractional ownership in a real estate property in the form of a shared-deeded timeshare provides the fractional owner of the real estate property with exclusive access to the real estate property for a finite period of time every year. Purchasing “one month of a shared-deeded timeshare” would, for instance, culminate in a buyer owning one twelfth of the real estate property. Purchasing a shared-deeded timeshare not only provides a buyer with fractional ownership in a real estate property, but also affords him the option to be able to sell his fractional ownership in a real estate property. Purchasing a shared-deeded timeshare in which you have fractional ownership in a real estate property that is located at a desirable vacation destination can bear a recurring fee, such as a monthly recurring timeshare maintenance fee, that is significantly lower than the recurring fee, such as a monthly recurring HOA fee, that is associated with entirely owning a real estate property that is located at a desirable vacation destination. “In 2018, timeshare maintenance fees cost $1,000 per year on average, according to ARDA”.