A timeshare is a vacation home you and your family can return to again and again to build a lifetime of happy memories together. It guarantees you a vacation in the place and time of your choice at a stable, low price while allowing you the freedom to trade it worldwide. In addition, if you choose not to use your timeshare in a given year,  you may deposit your timeshare week into a “bank” of timeshares maintained by the international exchange organizations which you may then use to stay somewhere else within the next two years.  

In addition to the purchase price and any closing cost, a purchaser also pays the resort an annual maintenance fee to maintain the property which also includes a small real estate tax, and which is clearly disclosed at the time of purchase, and which may change slightly over time. The maintenance fee is usually a fraction of what it would cost a non-owner to rent a comparable unit, and it is set by the management of the resort. By using your timeshare just a few times, you will save enough money on travel accommodations that it will pay for itself.