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The Manors at South Mountain

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Real Estate Tips
Titles >Timeshare Title

Timeshare ownership is a popular vacation home investment currently held by over three million American households. A timeshare is joint ownership in a vacation resort property that gives you an exclusive right to occupy a condo unit for a specified interval each year. What might you need to know about timeshare ownership if you are considering making such an investment?

There are two ways to approach timeshare. One is to buy a right-to-use membership that allows you to stay in a particular condo for an annual block of time for a number of years. You can also choose to trade your right-to-use time with someone else, perhaps someone who owns timeshare in a different location you yearn to visit. Simple-fee ownership is more like conventional homeownership -- you purchase a slice of the property and receive title by means of a deed. The property is legally yours. You can obtain insurance on the time-share property, sell or lease it, or have it transferred by will. Deeded timeshares can be also willed to family members.

Minimize the stress of booking yearly accommodations by purchasing ownership in a timeshare resort in one of 81 different countries.

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Real Estate Trivia
Q 
What land did the U.S. Government buy for $7.2 million?

A 
In March 1867, the US bought all of Russian America (Alaska) from Russia.
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Stephanie Mallios, REALTOR®, real estate agent and broker for Millburn/Short Hills, Maplewood and South Orange, New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Stephanie Mallios
Burgdorff ERA

545 Millburn Ave
Short Hills, NJ 07078
Phone 1: 973-376-5200
Phone 2: 973-376-5115
Fax: 973-376-7092
stephaniemallios@NUMBER1EXPERT.com




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