Comments on: When a Timeshare Makes Sense http://travel.booklocker.com/2007/12/07/when-a-timeshare-makes-sense/ Bargain destinations and the cheapest places to travel Sat, 20 Mar 2010 10:25:39 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: jacob http://travel.booklocker.com/2007/12/07/when-a-timeshare-makes-sense/comment-page-1/#comment-148053 jacob Wed, 10 Jun 2009 09:32:01 +0000 http://travel.booklocker.com/2007/12/07/when-a-timeshare-makes-sense/#comment-148053 No doubt timeshare is the best way to travel the globe. No doubt timeshare is the best way to travel the globe.

]]> By: Sophie Garrett http://travel.booklocker.com/2007/12/07/when-a-timeshare-makes-sense/comment-page-1/#comment-111333 Sophie Garrett Thu, 20 Dec 2007 10:31:40 +0000 http://travel.booklocker.com/2007/12/07/when-a-timeshare-makes-sense/#comment-111333 It's good to hear a sensible voice stating the obvious here that timeshare can be a good option. Many people are using "fractional ownership" to distance themselves from timeshare. There are a many variations between 50 people each buying a week in a one bedroom apartment and two people getting together to buy a castle in Scotland. The former is generally known as timeshare and the latter as fractional ownership, but in between is grey (people will tell you there are definitions, but it is fuzzy). Generally fractional ownership is taken to mean smaller number of shares, certainly 13 or less, larger properties, 4-5 bedrooms is common, and always involves the purchase of the title, either directly or via shares in a company that own the property. I'm particularly interested in putting together small groups of people, 4-6 ideally, to buy property. With small numbers, the owners can generally use it pretty much whenever they wish, provided they've worked out beforehand that they are sufficiently like-minded and compatible. It isn'tgoing to work if they all want (or don't want) school holidays. I was really glad to read your comment about investigating resales: they are often a very good deal. A look at resales in the development you are considering or nearby will also make you aware of the "real" value of the share you are considering buying. It’s good to hear a sensible voice stating the obvious here that timeshare can be a good option. Many people are using “fractional ownership” to distance themselves from timeshare. There are a many variations between 50 people each buying a week in a one bedroom apartment and two people getting together to buy a castle in Scotland. The former is generally known as timeshare and the latter as fractional ownership, but in between is grey (people will tell you there are definitions, but it is fuzzy).

Generally fractional ownership is taken to mean smaller number of shares, certainly 13 or less, larger properties, 4-5 bedrooms is common, and always involves the purchase of the title, either directly or via shares in a company that own the property. I’m particularly interested in putting together small groups of people, 4-6 ideally, to buy property. With small numbers, the owners can generally use it pretty much whenever they wish, provided they’ve worked out beforehand that they are sufficiently like-minded and compatible. It isn’tgoing to work if they all want (or don’t want) school holidays.

I was really glad to read your comment about investigating resales: they are often a very good deal. A look at resales in the development you are considering or nearby will also make you aware of the “real” value of the share you are considering buying.

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