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
2007-02-12 00:19:34
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answer #1
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answered by travel guy 5
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The best one to buy is one that you would use every year at that time. Trading them is a dud. Often you don't get what you want and you pay a lot to do it. It's cheaper to stay in a hotel. We just bought one for Labor Day week on the beach an hour from our house. We will use that every year. Read time share today www.tstoday.com They have resales but the cheapest resales are on ebay Always buy a resale, they're much cheaper
2007-02-13 01:07:52
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answer #2
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answered by kadel 7
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