Questions and Answers
What is Interval Ownership? Interval Ownership is a practical way of owning a fully furnished and maintained vacation home for only the weeks you can actually use it. Unlike timeshare leases or club memberships, Interval owners actually own their property, since they receive a warranty deed and title insurance allowing them all the benefits of real estate ownership. Interval Ownership gives you the flexibility you demand. As an owner, you can guarantee yourselves certain week(s) every year in Northern Michigan, or use your weeks at thousands of other locations around the U.S. and the world at virtually any time you choose through Interval International.
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As an Interval owner, do we have to clean or maintain our vacation home? Absolutely not. As an interval owner, housekeeping and maintenance are done for you, no matter where you decide to take your vacations. Hassle free vacations is one of the reasons why some owners own ten or twelve weeks.
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We enjoy nice vacations now, why is Interval ownership better than what we're doing now, which is renting or staying in nice hotels? |
Interval Ownership not only insures you quality accommodations in vacation homes or condos, it also allows you to turn the same dollars you're spending on hotels or rentals into an asset that can stay in your family for generations.
Take a look at the following chart showing the dollars you're spending on vacation accommodations. The chart is based on only two weeks of vacations per year at a 4 % inflation rate. Find the average daily rate, you're presently spending and follow the chart across to see how much you will spend:
| Daily Rate | In 10 Years | In 20 Years | In 30 Years | In 40 Years |
| $ 50 | $ 8,404.00 | $ 20,846.00 | $ 39,260.00 | $ 66,518.00 |
| $ 70 | $ 11,765.00 | $ 29,183.00 | $ 51,908.00 | $ 88,602.00 |
| $ 90 | $ 15,126.00 | $ 37,519.00 | $ 70,665.00 | $ 119,731.00 |
| $ 120 | $ 20,170.00 | $ 50,026.00 | $ 94,221.00 | $ 159,640.00 |
| $ 150 | $ 25,212.00 | $ 62,533.00 | $ 118,776.00 | $ 199,550.00 |
| $ 200 | $ 33,618.00 | $ 83,379.00 | $ 157,037.00 | $ 266,071.00 |
| $ 250 | $ 42,022.00 | $ 104,224.00 | $ 196,298.00 | $ 322,589.00 |