For many years now timeshares have been a booming industry in the travel and vacation market. The idea behind them is that you can buy 1 to 4 weeks per year of a timeshare. You become an owner with a title that is transferable to your heirs. It can be sold or held indefinitely. Most time shares come with an option to buy into a travel club that lets you trade your weeks where you purchased for weeks at comparable destinations elsewhere in the United States or world. This option normally requires the payment of an annual fee to stay with the travel club.
If you believe that you will prefer vacations in a timeshare over motel or hotel rooms, then this may be a good option for you. Once you pay for the timeshare, you can stay during your weeks for free each year. An annual maintenance fee is charged to pay for upkeep of the property. If you stay in upscale accommodations, the fee will be considerably less than hotel costs. If you stay in low end establishments, then the fee will be more than your vacations would cost without the timeshare.
You really need to buy the travel club option to get maximum use from your timeshare unless you plan on only vacationing at the...