Understand timeshare basics

Understand timeshare basics

Check out this how-to video on understanding timeshare basics. A timeshare is a system in which people who cannot afford a second home can own a piece of a vacation home for themselves. It is a vacation home in which the purchase price is shared among a large group of people. When you purchase a timeshare, you will be purchasing units of time to spend in the vacation home that come in one week intervals over the 52 week year. The more weeks you want to spend at your timeshare, the more you will have to spend. The vacation home you purchase can be as simple as a small hotel room, a cabin in the woods, or even an RV, and it can even be as big as a castle.

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