Timeshares – David Reecher
A timeshare is an ownership model in which many customers own allotments of usage in the same property. The timeshare model can be applied to many different types of properties, such as condominiums, homes, campgrounds, recreational vehicles and private jets.
With opportunities to rent out allotted time each year and eventually sell timeshare interests in the future, many owners of vacation timeshares look at purchasing their timeshares as an investment. However, this view is frequently misguided.
The advantages of a timeshare vacation property often include larger accommodations and a feel of being at home, but timeshares are not a good idea for everyone. In fact, the timeshare market is rife with gray areas and questionable business practices, so it is important for prospective customers to do their research before buying.