There are basically two types of timeshare purchases:
#1 Usage - this means that you get to USE that type of unit for one week a year for the number of years stated in your contract. Then its over, good-by, nice knowing you!
#2 Fee Simple - This means that you actually OWN one week (or 1/52) of that unit forever. It can go into your estate and be passed on to your children or whom ever you decide. Its yours, you own it - period!
Don't use price as a guideline of the type of "ownership" you're looking at. A smart shopper can actually get a very good purchase on a timeshare - IF, IF, IF, they don't buy it from the resort/developer, but, purchase a resale!
In 2001 I purchased a Fee Simple resale of a 2-BR, 2-bath super deluxe "Gold Crown" unit (watch your ratings, there's Gold, Silver, and then everything else!) that's in the "red" time (highest, most preferred time, there's red, white, and blue), in Princeville, Hawaii, from the owner - for, sit down now . . . . . $7200.00! I own 1 week here (or trade!) forever!! I've traded all over the world! Hawaii is the #1 exchange request in the world, so I get very high trading power (watch that also!).
Be a smart shopper - check out e-bay too! There are hundreds of timeshare resales at very low prices for sale!
I hope this information was helpful. Good luck
2007-01-04 05:52:48
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answer #1
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answered by travel guy 5
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a typical timeshre is bought for 99 years but 25k seems a little low for 99 years
2007-01-04 04:21:47
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answer #2
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answered by Drew M 3
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