You hold a permanent deed that can be sold, given away, or willed to heirs.
You lease the property for a fixed period (e.g., 20 to 99 years), after which rights revert to the developer. Fixed vs. Floating Weeks: Fixed: Guaranteed use of the same week and unit every year. timeshare buying guide
If you don't pay cash, developer-arranged loans often carry high interest rates (up to 14% or more). 3. Key Strategies for Buyers How to Buy a Timeshare! You hold a permanent deed that can be
These average around $1,000 annually but often increase by roughly 12% each year. 20 to 99 years)
The sticker price is only the beginning. Factor in these ongoing expenses: