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What's a Timeshare
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| You are here >> Home >> Site Map >> Vacation Ownership >> What's a Timeshare | ||||||||||||||||||||
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A timeshare offers people the opportunity to purchase time at fully furnished vacation accommodations - usually in weekly increments - for a fraction of the cost of full vacation home ownership. These timeshare owners can do what they want with their vacation property, even rent it out. This is the basis behind House of Timeshare. We serve as the medium for vacation travelers and timeshare owners. When a timeshare owner decides that they would like to rent or sale their accommodation, they simply advertise their timeshare on our website. Interested travelers then locate a timeshare and contact the timeshare owner to negotiate a price or to receive further information. For a one-time purchase price and an annual maintenance fee, timeshare purchasers own their vacations forever, or for a predetermined number of years, depending upon the purchase agreement of the timeshare. Therefore, they can choose to either use this vacation time or rent it out for someone else to use. Therefore, a timeshare purchaser pays two items; the timeshare purchase price and an annual maintenance fee. Once the timeshare is paid for, it is owned forever, such as that of a house or car. A timeshare can take a variety of forms. The most common type of timeshare is a resort condominium (which can range from a studio with a partial kitchen, all the way up to a five-bedroom unit with a full kitchen and luxury amenities). Lock-offs are another unit option. They are unique because they can be separated into smaller components by locking a door. Other less-common timeshare accommodations include hotel rooms, houseboats, and even motor homes. Timeshare owners and renters experience luxurious resort accommodations that are rarely found in conventional hotel/motel rooms, but for a fraction of the cost. This is why timesharing is the fastest-growing segment of the global travel and tourism industry in the world today! |
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