Our View of Timesharing
Links and discussions focused on "Timeshare Ownership", what a timeshare interest actually is and means, how it compares with other forms of shared ownership, valuation issues, and key concerns in the industry, such as companies offering to take money from you in dishonest ways (called "Scams" and "Stealing") are presented here.In our view, Timesharing is the process of sharing use of a tangible asset among two or more parties. We believe contracts that define rights of use over small fractions of time (weeks or other intervals of time) are typically called timeshare interests. On the other hand, our view of contracts that define rights to use an asset over larger fractions of time than periods of one week or that stipulate a limit to the number users who have the right to use the defined asset are generally thought of as fractional interests.
Timeshare interests are usually rights to use rooms in a resort or hotel. Fractional ownerships can apply to all types of tangible assets.
The articles in this section will be written mostly by industry professionals, some of whom may be attorneys. All writings should not be relied upon as advice, legal or otherwise. Rather, think of them as conversations you may have with friends and fellow owners at the pool, at the dinner table or in some other casual setting.
We are not responsible for the accuracy of the content provided in this section or anywhere else on this website, for that matter. Nor can we be held responsible for decisions others may make based upon any or all information contained in this section or other sections on this website. Rather, think of the writings as food for thought on your path to learning whether the use of timeshare interests suits your needs, personality and financial capabilities.
One unfortunate sideline of Timesharing is exposure to Scams. The most frequent is called the Advance Fee Fraud. In this case, the seller is told by individuals who steel the indentity of legitimately licensed individuals and company names that they must send money before the transaction can proceed. You must listen to this recording of a California licensed real estate agent talking to a person who has stolen his identity to collect a commission on money received from unsuspecting sellers. Brett Jennings is the real name of the California agent.
Read the full account of this scam here.
Remember, these people do not feel they are doing anything wrong. Do not send money. Do not send any documents by the FAX. Do send documents by certified receipt requested if you do not believe us.Conduct your own research. Use the YouGetSignal.com tools to find the owner of an email address, who owns a phone number, who owns a domain name and other cool stuff.
We hope you enjoy our view of Timesharing and will contribute as you can.
- Scams and Possible Scams: - This section describes how others determined whether offers or solicitations are possible scams. Aimfair subscribers and others have contributed everything from comments to actual contracts that you can review. Remember: If it is too good to be true, then it is likely not true.
Timesharing
This section is devoted to displaying links to articles we have found that describe what timeshares are, how they are different from other forms of sharing ownership interests in assets and how the process works. Included are articles about Destination Clubs, Residence Clubs, Fractional Interests and other methods of gaining use of facilities without buying them outright.Please do not hesitate to send us questions or comments if you feel the urge. Our email address is [email protected].
Articles are listed by the date published and are listed below:
Headlines of News about Shared Ownership appear below:
Timeshare Foreclosure - Consequences
We all own Timeshare contracts of one kind or another. These contracts are prepaid vacations, and should be viewed as having the greatest value through use of the facilities in the contracts. They...
So What is a Timeshare? It's a...
We were on a 2 week safari in Africa a couple of years ago, and wouldn't you have guessed it? Yes, one of our travel mates was a wonderful couple from Michigan, and they owned a Grand Mayan...
Timeshare Owners Are Beating...
Source: Mia Reed - 6-6-2022 - TheFacts.com Despite a seemingly desperate urge to scratch the wanderer itch, inflation is dampening many Americans' desire to revenge travel after two-plus years of...
Understanding Timeshare Interests
Timeshares are increasing in popularity. Marketing reports are predicting substantial growth in the sale of Timeshare interests over the next three to four years. At Vidanta, we own "Right to Use...
Market Watch - Buyers's Remorse...
Buyer’s remorse is common after purchasing a timeshare contract. This Market Watch article points out differences between contracts and provides insight to being careful at the time of purchase..
Fractional Interests - Explained
Fractional Interests - Real Estate Ownership We often here that our contracts are fractional interests. Well that may be true in some ways, but in reality, they are not. Primarliy because our...
Why is saying "No" so hard??
Why is saying "No" so hard? An article in Kiplingers Newsletter asks that question. Although it was presented in a general way, the question was also raised in the context of a Timeshare sales...
What is a Timeshare?
What is a Timeshare - Another great review The timeshare industry has grown over the past 20 years, and the contracts offered have grown in complexity. Vidanta contracts are unique, and the...
Is Buying Timeshares Addictive?
Timeshare Ownership - Hard to stop buying? An Ohio real estate and business attorney suggests buying timeshares is as hard to stop as using drugs. He discusses why timeshares are not good...
All our articles
You can search through all articles and view our archives using our Search Articles page.
If you have something you wish to share, then please feel free to pass it along to us through [email protected].