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I Attended a Timeshare Presentation and Survived

Like, Comment, and Share my videos! 🔔 SUBSCRIBE HERE 🔔 http://bit.ly/BroeSubscribe 💯 LET’S CONNECT 💯 📷 Instagram @JakeBroe 👉   / jakebroe   🐦 Twitter @Broe_Jake 👉   / broe_jake   👇 👇 Watch My Other Videos Here 👇 👇 ★ Compound Interest - The 8th Wonder of the World    • Compound Interest - The 8th Wonder of...   ★ Your Mortgage Interest Deduction is Worthless (Probably)    • Your Mortgage Interest Deduction is W...   ★ Do NOT Buy Target Date Funds - Here is Why    • Do NOT Buy Target Date Funds - Here i...   🍺BEER MONEY DONATIONS🍺 PAYPAL: https://paypal.me/jakebroe?locale.x=e... 📷 📷 My YouTube Equipment 📷 📷 ► My Camera 👉 https://amzn.to/2UZpFwA ► My Wide-Angle Lens 👉 https://amzn.to/2Qwf3Sq ► My Wireless Microphone 👉 https://amzn.to/2QBV9W0 ► My Shotgun Microphone 👉 https://amzn.to/36bdLTv ► My Lighting 👉 https://amzn.to/2F5Ey7V ► My Light Diffusers 👉 https://amzn.to/2tjF8fG What flag is that? 👉 https://amzn.to/357sptp What is your background? 👉 https://amzn.to/2BCHRp1 ================ 📚 📚 Books That Changed My Life 📚 📚 📗 How to Win Friends & Influence People 👉 https://amzn.to/2F3ahGC 📕 Dumbing Us Down 👉 https://amzn.to/2spodrZ 📘 Quiet - The Power of Introverts 👉 https://amzn.to/36b2ti3 📙 The Red Queen 👉 https://amzn.to/2QzNW8W 📔 Rich Dad Poor Dad 👉 https://amzn.to/3bliFyP 📒 Why Nations Fail 👉 https://amzn.to/3fWZ3Em ================ Holiday Inn Club Vacations Website https://holidayinnclub.com/explore-re... What Is a Timeshare? A timeshare is a shared ownership model of vacation real estate in which multiple purchasers own allotments of usage, typically in one-week increments, in the same property. The timeshare model can be applied to many different types of properties, such as vacation resorts, condominiums, apartments, and campgrounds. Time-sharing is a form of fractional ownership, where buyers purchase the right to occupy a unit of real estate over specified periods. For example, purchasing one week of a timeshare means the buyer owns 1/52 of the unit. Buying one month equates to one-twelfth ownership. Time-sharing is popular within vacation locales. Property types include homes, condominiums and resorts. The model can also apply to recreational vehicles and private jets. How a Timeshare Works Timeshares confer upon buyers the right to annual exclusive use of a vacation property for a defined period that is generally measured in one-week increments. Timeshares typically use one of the following three systems: Fixed Week A fixed week timeshare gives the buyer the right to exclusively use the property for a specific week (or weeks) every year. While the advantage of this structure is that the buyer can plan an annual vacation at the same time every year, the other side of the coin is that it may be exceedingly difficult to change the fixed week to another period if required. Floating Week A floating week timeshare gives the buyer exclusive use of the property for a week or weeks during a predefined period or even throughout the year. While it is more flexible than the fixed week system, the "floating week" may not be available during the busiest times of the year and may need to be reserved well in advance to ensure availability. Points The points system uses points to represent timeshare ownership, based on factors such as resort location, size of the vacation property, and time of availability. Points are used by developers to facilitate timeshare exchanges either within their own resorts (internal exchange) or with other resorts as well (external exchange). While the points system provides users with increased vacation choices, there is a wide disparity between the points allocated to various vacation resorts due to the aforementioned factors involved. ================ 📧 E-mail me at: JakeBroeYT [at] gmail [dot] com Official business inquiries can be sent here. Personal e-mails will be discarded. ================ #Timeshares #VacationOwnership #MoneyPit ================ DISCLAIMER: This video is for entertainment purposes only. I am not a legal or financial expert or have any authority to give legal or financial advice. While all the information in this video is believed to be accurate at the time of its recording, realize this channel and its author makes no express warranty as to the completeness or accuracy, nor can it accept responsibility for errors appearing in this video. ADVERTISER DISCLOSURE: Jake is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to www.amazon.com. Additionally, other referral links are included and this channel does receive compensation for sending traffic to partner sites. Shopping through our links is an easy way to support the channel and we appreciate and are super grateful for your support!