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

 

8 Comments on Sunriver Resort Shared Owership vs TimeShare

OCT
13
2007
593,289 Points 111 Featured Posts Localism Sponsor Outside Blog
You always have great info!  Don't do many timeshares but this info will help when asked.
11:35am • #1
5 Featured Posts
Timeshares can have a lot of extra expense that people aren't aware of.  It costs to be a part of RCI and it costs to trade, but many timeshare owners are absolutely convinced that they have a great deal.  I don't argue with them!
12:11pm • #2
320,364 Points 40 Featured Posts Outside Blog
Thesa--Good explanation for anyone considering a timeshare. People who have them love them but many don't understand them. Good informative post!
8:50pm • #3
411,141 Points 21 Featured Posts Localism Sponsor Outside Blog
Thesa, I will have to remember your area for trading with RCI.  I think this next time we are going to go back east while our daughter is still there but someday we want to make it to your area of the country.  We bought a foreclosure time share, with the intent of trading it and that is what we have done.  Good information.
9:43pm • #4
OCT
14
2007
1 Featured Post

Thesa,

I have never heard of RCI - that would be a great post.  Timeshares are another part of real estate that are more complex than they appear to be at first. 

12:52pm • #5
OCT
15
2007

I've heard a lot of good and bad things about time shares. They still make me a little nervous...haha. I'd prefer the shared ownership technique!

Go Ducks! and congrats on the beavers knocking off Cal. I was happy to see that. I need them to lose 1 more game now. I hope the beavers put a win streak together, I'd like to see them break into the top 25...Especially since we have them at Autzen this year!

1:18pm • #6
OCT
18
2007
454,100 Points 13 Featured Posts Localism Sponsor Outside Blog
Great that people have choices, I too have never heard of RCI.  I am one of those people timeshare would not work for, don't like going to the same place every year or having to go at a specific time.
8:02am • #7
DEC
11

Good comments on timeshares.  I always tell potential sellers and buyers that timeshares are like a love hate relationship.  There are those people that love them and use them all the time.  Then there are those that hate them mainly because they don't understand how to use them or got talked into something that they know what they were purchasing.

5:28pm • #8

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Central Oregon Real Estate | Broker Thesa Chambers, Licensed in Oregon

La Pine, OR

More about me…

RE/MAX Sunset Realty

Address: PO Box 3520, Sunriver, OR, 97707

Office Phone: (541) 593-2122

Cell Phone: (541) 771-7064

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