Sitemap: Home Selling in Huntsville, Madison and Hampton Cove, Alabama

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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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Q	What is considered one of the few remaining tax shelters in the 1990s?
A	Homeownership--property taxes on a residence or vacation home are deductible up to $1 million.
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John Morley, REALTOR®, real estate agent and broker for Huntsville, Madison and Hampton Cove, Alabama home listings, property and land for sale - NUMBER1EXPERT(tm)

John Morley
Morley Real Estate Group
923 Merchants Walk Suite B
Huntsville, AL 35801
256-382-3737
Fax: 1-800-882-2913
johnm@morleygroup.com
Many agents think their most important job is satisfying the customer. I don’t think that’s true. I believe that satisfying the customer is simply the minimum requirement for staying in business. We work constantly to improve our systems, processes and services to go well beyond the standard level of “service” provided by most agents. We want to make you so satisfied with your decision to hire us that you will gladly refer us to your friends and family.

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