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.
To Learn More, Contact Bill Cullin Today.
Call or text Bill Cullin at 302-841-7147 today!
Bill Cullin, REALTOR®
Your Real Estate Source at the Delaware Beaches
Email: Bill.Cullin@LNF.com
Websites:
www.DelawareBeachRE.com
www.BeachDelaware.com
www.TheHenlopen.comDirect: 302-841-7147
Office: 302-227-2541
Toll Free: 1-800-462-3224, ext. 117
Fax: 302-227-8165Long & Foster Real Estate, Inc.
37156 Rehoboth Avenue Ext, Suite 5
Rehoboth Beach, Delaware 19971
