What Is A Timeshare And What It Isn’t

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Timeshare is a legal contract and long-term financial decision that you should thoroughly understand and think through before buying.

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Purchasing a timeshare outside of a resort on the resale market from an existing owner can save you 75 to 99% off the resort-direct price.

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So, what is a Timeshare Ownership? There are four different types.

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1. A Fixed Week This type of timeshare ownership means you have the right to use a particular room type a specific week every year.

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2. A Floating Week A floating week timeshare means that you aren’t guaranteed the same week every year for vacation

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3. An Allotment Of Points Based on your purchase package, owners receive a set number of points a year that act as currency they can use to make resort reservations within their timeshare chain.

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4. Fractional Ownership So instead of just a week or a set amount of points, we hold a larger piece of a specific unit at a particular resort.

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FOR MORE ABOUT THIS POST, VISIT RADICAL FIRE

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