What Are Timeshare Resales?
A timeshare resale refers to a sale of a timeshare after the initial buyers have purchased portions of the property. Initial buyers are the people who bought stakes in a property when it first became shared real estate. After that time, if one of the buyers wishes to unload his timeshare rights, he will often resell his timeshare. In most instances, there are two types of timeshare ownership, deeded and right to use ownership. Since these types of properties are most often used as vacation homes, both forms of ownership are designed to insure equal access by multiple owners. Timeshare resales tend to be popular because the purchase price is usually lower than a first-time sale of a timeshare.
