What is a time share?
The Bankrate.com financial term of the day is: "Time Share"
So you can't afford a vacation home. A time share holds out the promise that you can at least buy a piece of one and can use the place at a certain time each year. The idea is that you can take comfort in knowing you'll always have a place to stay in a resort area and enjoy better accommodations than a hotel and at a lower price. But time shares come with annual maintenance fees that can eat into any savings.
A time share is partial ownership in a vacation property that you can make your regular home away from home. But be careful of the fees!
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