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Subject

Posted on: 11th Feb, 2007 02:35 pm
Could you send me some info on the timeshare?
Sure Johnny.

Timeshare is a good choice for people who cannot buy a vacation home. It is similar to vacation property where different families can purchase a fractional share of property for a specific time period.

The time period could be one week per year (that is, 1/52 th part of property) or one week every alternate year (that is, 1/104th of property).

A timeshare property offers facilities such as luxury, deluxe, first class, superior tourist class, etc.

Thanks,
James.
Posted on: 11th Feb, 2007 08:37 pm
Hi Johnny,

Welcome to Mortgagefit discussion board.

There are many types of timeshare ownership one can have which are based on the usage and ownership rights like:
  1. Fixed week time share
  2. Floating time share
  3. Right to use time share
  4. Points Club
You can read the details of all these ownership types from this page - Timeshare Ownership

Blue
Posted on: 12th Feb, 2007 10:21 am
You can read about timeshares from this page - http://www.ftc.gov/bcp/conline/pubs/homes/resales.htm
Posted on: 12th Feb, 2007 11:03 am
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