Times Share Research Paper

Are you a habitual vacationer, but not sure about purchasing your own second home? Does your year feel incomplete if you haven't had a least one or two really good vacations? No matter what type of destination you prefer, a timeshare just might be the perfect option for you. Using a time share is a great intermediate way to get an idea about what the second home vacation market is like.

Simply put, a timeshare is a rented amount of time at one particular resort or at multiple resorts, depending on the type of timeshare program you join. It doesn't matter whether you want the ski slopes in Colorado, a tropical paradise in the Caribbean, or even one of America's great music towns, like Branson or Nashville - there's a timeshare program waiting for you!

To help you get started in finding the perfect timeshare, here is some of the basic information you need:

How does buying a timeshare work?

There are two main types of ownership when it comes to timeshares. First, you could be deeded the property. This would mean that you would own for life that resort space you purchased, but only on the specific week or weeks for which you purchased it. Another method of acquiring a timeshare is through leasing. In this case, you would be more like a renter than a homeowner and would have a lease length, rather than a lifetime purchase.

First is the "fixed week" type. This kind of timeshare program allows you to purchase 1 or more weeks of vacation at a set time each year. This means that at such and such date every year, your selected resort will have your rooms reserved. If you hate to be so tied down to a particular date, then maybe you should try the "floating time" program. With this option, you'll purchase your vacation time based on season of the year and size of the unit. Going this route WILL take a bit more work, as you will have to remember to contact your resort each year and schedule your desired vacation