What is right for us - A Fractional Property or a Timeshare Property Ownership?

There are ownership differences, but in reality both are excellent vacation ownership alternatives. These differences are offered below.

Fractional Properties and their Owners

1. Fractional properties have fewer owners and ownership is usually in a home rather than a condominium.

2. Fractional owners usually have a vote, or at the very least they are polled, whenever there are any significant changes forthcoming.

3. A well run fractional property will have very few properties offered for sale, and have a significant Capitol Reserve Fund.

4. Fractional property owners have a greater sense of community. They refer to the property as their "home away from home".

5. A fractional owner has the means and the time for more than just a week or two of vacation. They are also willing to "pay a bit more" for the extras that come with this type of ownership.

6. A fractional property is offered by a professional real estate agent who is an integrated part of the community.

Most Timeshare Properties and their Owners

1. Timeshare properties have many more owners than fractional properties. Timeshares are sold by the week, and a week can be sold as many as three times. This is called tri-annual ownership. A tri-annual purchase is the right to use a week every third year. There are other ways to purchase. They include annual usage, bi-annual usage, and points.

2. Timeshare owners do not have a say on the properties improvements or its direction.

3. Every timeshare property has a great number of opportunities available through resale companies.

4. You are one of hundreds, or even thousands, that own a piece of a property.

5. There is no set profile for a timeshare owner. It may be a hardship for some families to own a tri-annual at a nice resort, while for others owning two weeks at a Marriott or Disney resort is a convenience.

6. A timeshare presentation is an event.

These are a few highlighted differences. There are three vacation ownership choices. They are whole ownership in a second home, fractional ownership in a second home, or ownership in a timeshare development. The Owners Club at Hilton offers fractional ownership. You can be one of only three hundred and sixty four owners that enjoy our great community.