Deeded ownership or right to use????

Please provide specific information concerning resale of deeded timeshare unit versus right to use up to a given date.

If you buy a deeded timeshare unit, you will be given an actual deed of ownership, and become a part owner of equity in the property. When buying on a right-to-use basis, however, you are paying for the right to use your suite for a set period of time (sometimes just a few years, sometimes longer).

Those who buy into right-to-use timeshares are essentially just buying a prepaid hotel room, and gaining the contractual right to stay there for a set length of time. For casual vacationers looking to save a bit money on accommodation, this can sometimes be a good deal, but it lacks the flexibility and investment value of a deeded ownership.

jayjay Take a look at karltracy,com for rental or sell of four bedroom lock-off at Westgate resorts. Deeded and floating weeks.

If you can buy the right to use at the right price, the amortization over say 15 years vs infinity with the consideration of the maintenance costs just may be the best deal.