I see advertisements about this on cable
2007-01-09 01:33:09 · 12 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
You pay money to be able to rent a place for a few days a year. Most people will tell it it is a lousy investment.
You are in a contract and have to pay even if you can not use that place that year.
2007-01-09 01:38:56 · answer #1 · answered by shadouse 6 · 0⤊ 0⤋
Timeshares are propriety owned by more than one person. The share the time on the propriety and also the expenses. On a larger scale property conglomerates own property and get you into a program to rent essentially the propriety on a regular basis. Taxes and property costs occur in either effect and can add up at the end of the year. It is a bad investment if not used regularly.
2007-01-09 09:38:04 · answer #2 · answered by Anonymous · 0⤊ 0⤋
A timeshare is a community rented condo or appartment. You rent it for 1 to 2 months a year. Then someone else rents it for the same time. Vitrually 6 people share the same place or 12 people. No one is ever there at the same time. Its a good investment if you don't mind someone else sleeping on your linens in your bed etc.
2007-01-09 09:37:35 · answer #3 · answered by ebay_convert 5 · 0⤊ 0⤋
One of the biggest rip offs going. You pay thousands to rent some low class dump for a couple weeks out of the year. You own nothing. Just a right to live there for a couple weeks, but so do a lot of other people.
2007-01-09 09:39:06 · answer #4 · answered by Monstblitz 4 · 0⤊ 0⤋
Anybody that acually bought a timeshare will tell you they regret it. Don't let those hotels convince you it's worth it.
2007-01-09 09:48:35 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Where owners temporarily rent out their properties to customers for a short period of time.
2007-01-09 09:36:41 · answer #6 · answered by Chreap 5 · 0⤊ 0⤋
it's when you and several other people own a vacation house and to take turns useing it. if i were you i would stay away from them all they do is take money away from you. you would be better off just buying a place.
2007-01-09 09:40:22 · answer #7 · answered by nbatch2006 3 · 0⤊ 0⤋
its a house where you could live for a month or a couple weeks but other people could live there when you not there. so like you could rent it out or you would be the renter..
2007-01-09 09:36:38 · answer #8 · answered by samshel1 3 · 0⤊ 0⤋
a rip off. you pay thousands of dollars to rent somewhere for a few weeks a year!
2007-01-09 09:35:51 · answer #9 · answered by jgrand0 1 · 1⤊ 0⤋
It's basically like a condo that you pay into and can go use when you go on vacation.
2007-01-09 09:40:46 · answer #10 · answered by brnd5748@sbcglobal.net 2 · 0⤊ 0⤋