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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.
Sheryl Robinson Home Key Realty 18711 E Pine Valley Drive Queen Creek, AZ 85142 Direct: 602-614-0416 Fax: 480-248-2155 sheryl@HomeswithSheryl.com
Looking to buy or sell a home in Chandler, Gilbert or Queen Creek AZ? Look no further. Sheryl Robinson is an Associate Broker with Home Key Realty specializing in these three Phoenix East Valley cities and is also a short sale specialist. Contact Sheryl today for a FREE home location tool or FREE home price evaluation and to further discuss you real estate needs.
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NUMBER1EXPERT in real estate for Gilbert, Queen Creek and Chandler, Arizona
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