What costs are involved in the initial purchase of timeshare vacation ownership?
Typically, timeshare owners make a one-time purchase in either a traditional ownership plan or a points-based vacation club at a fraction of whole ownership costs. With traditional timeshare ownership, the initial sales price is based on factors including resort location, unit type and season usage. With points-based ownership the initial sales price is based on the number of points purchased and the resort location. In both options, timeshare owners pay an annual maintenance fee for use and upkeep of the property and unit. 6) Why are timeshares so often criticized? When timeshare first gained popularity in the United States some 30 years ago, timeshare became a catch-all phrase to describe a wide variety of condo-type units of questionable quality being sold more as a real estate investment than a commitment to vacation and relaxation. In addition, many timeshare offers required consumers to purchase a deed to a particular property. Trading for different resorts at different times of
