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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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What house is thought to be the first one designed by Frank Lloyd Wright?
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| A |
Charnley House in Chicago, Illinois, is considered to be the first home designed by Wright while at Adler & Sullivan. |
 See More Real Estate Trivia > |
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Morris Westlund
Windermere/Bridgeport Realty Group
16760 SW Upper Boones Ferry Road Suite #103
Portland, OR 97224
503-781-1981
Fax: 503-639-5202
mrwestlund@windermere.com
Buying and selling a home is one of the biggest events in your life. As a top Lake Oswego, Tigard and Tualatin real estate agent, I have the experience and track record you are looking for. Please let me help.   
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