WHAT IS RESORT TIMESHARING?

Timesharing is the economical way to vacation FIRST CLASS and spend quality time with your loved ones! Timesharing first surfaced in America during the early 1970's. Since then, the idea has exploded throughout the United States and many other countries, due to the overwhelming increase in travel popularity.  Timesharing gives owners the exclusive right to use a unit in a real estate development for a specified period of time each year. Usage privileges are generally sold in one week periods, whereby a unit is divided into 52 equal time slots. Owning a timeshare "week" means you enjoy luxury vacation accommodations, yet, avoid the expense of purchasing a second vacation home. Throughout America and abroad, thousands of timeshare resorts offer high quality accommodations to the discerning traveler. Most developments feature one, two, and three bedroom units, including amenities such as full service kitchens (cookware, microwave, dishwasher, ice maker, garbage disposal, etc.) furnished living room, laundry facilities, walk-in closets, color TV/VCR, fireplace, air-conditioning, hot tub/jacuzzi, swimming, tennis, racquetball, golf, clubhouse/recreation room and restaurants on site. Staying in a resort condominium can provide you with all the comforts of your own home. Spacious floor plans, combined with professional interior designs can create the personal environment not available in most hotel/motel rooms.  Other lodging options pale in comparison to the richness and frills offered through timeshare resorts. If you prefer vacationing in style, resort timesharing can grant the elegant luxuries of which you've dreamed.

RESALE VS. RETAIL

Timeshare resales offer people the opportunity to purchase the exact same product offered by resort developers at a significantly lower price. It's only limits are availability. In most cases, all the benefits offered by the resort to the initial purchaser are carried through to the resale purchaser. Sellers listing their properties with THE TIMESHARE STORE are informed that they should price their timeshares competitively, to give the prospective buyer a reason to buy a resale as opposed to buying directly from the developer. This philosophy will enable the seller to move their property in a timely manner and save the purchaser hundreds or even thousands of dollars. Unlike most "resale" companies, sellers are significantly helped by THE TIMESHARE STORE by not having to pay up-front fees to list or advertise their properties. We effectively market the properties at no cost to the owner and continue to do so until sold. Owners may decide to sell their timeshare for various reasons, including death, divorce, job loss, etc., but few will sell because of their dissatisfaction. Title is conveyed to our purchasers with a GUARANTEED free & clear title, with no outstanding liens, mortgages, maintenance fees or taxes.

DEEDED PROPERTIES VS. RIGHT-TO-USE VS. POINTS SYSTEMS
The primary types of timeshare interval ownership are Deeded Timeshare, Right-to-Use, and most recently to the industry, Points System Timeshare. With a Deeded timeshare, you purchase an interest in real estate, receive a title, title insurance policy and a general warranty deed. As with a house, a deeded timeshare may be rented out, resold, or willed to your heirs.  With a Right-to-Use, ownerships are usable from 20 to 40 years on average. The owner does not actually have an interest in real estate but still can do most of the options available to deeded properties, but the rights are terminated at the end of the lease period.  Points System ownership involves buying "points" (real estate interest) in the resort. Vacations are utilized by exchanging points for certain units in certain time periods, both of which are flexible to the owner. Each resort sets its own value regarding amount of points necessary for each unit size and days of usage. Points systems can be deeded or leased, depending on the resort developer.

MAINTENANCE FEES - WHAT ARE THEY?
As the owner of a timeshare unit, you will be required to pay an annual fee to the resort, for property management, facility maintenance, unit refurbishing, appliance and furniture replacement, telephone, power, water, insurance, resort amenities, security, garbage collection, landscaping, linens and laundry, maid service, and activities. These yearly dues are commonly called "maintenance fees" or "homeowners association dues".

FIXED WEEKS VS. FLOATING WEEKS
Timeshare ownership is usually designated as either a fixed week or a floating week (points systems are considered floating time).  In fixed week arrangements, rights to a unit occur during a specific defined time period each year. Fixed weeks are labeled from 1 to 52 and correspond with the 52 weeks in the calendar year. For example, if you own week number 5, then you have the right to use your unit during the first week of February every year. With a floating week timeshare, the owner may use the unit during a seasonal time frame, or choose any week during the year. The resort management company assigns units/weeks, upon request, using a reservation system based on the "grade" of floating time purchased and availability. Floating time is most feasible for travelers not vacationing at the same time every year.

The Timeshare Store, Inc.
5430 Central Florida Parkway
Orlando, FL 32821

Toll Free: 1-800-550-6493
Outside U.S.: 407-239-8899
Thomas E. Yeary, Lic. Real Estate Broker
Sellers:  Timeshare Resales No Upfront Fee!