Buyers in a resort area often times are curious about timeshares or shared ownership. Many times they do not understand the difference. Marcus and Connie Schwing of Sunriver Realty recently wrote an article about shared ownership in Sunriver.
Shared ownership is a common sale in Sunriver, but there are timeshare units available too. There are two complexes, Stoneridge and The Ridge that are timeshare style ownership. Both of these offer RCI benefits but not all units participate.
When purchasing a timeshare it is vitally important that you understand the schedule in which you are entitled to stays, if the unit can be rented, what the reserve accounts are and how upgrades and new furnishings are taken care of. Obviously there is a lot more to be informed about but these are the top my clients have asked for.
Timeshares for some people are a great thing, mostly for the person that can use the property within the guidelines set forth. I have found that many people with schoolage children have trouble using their time share. This is why RCI programs and the like are intreging to some buyers, if you can not use your time, you can put it in a bank and estenially trade it for another time and location.
Many people will purchase a timeshare in their own area, and never ever use it, but they will trade it, giving the the ability to vacation all over the world.
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Thesa Chambers • Broker • RE/MAX Sunset Realty
541-771-7064 Cell • 541-536-0117 Office • 888-868-2050 Toll Free
Mailing Address • PO Box 3510, La Pine, OR 97739

