Timeshare Buyers Guide
you ready to buy timeshare? Make sure you read all the information
made available for those that are about to buy resale properties.
Buying a timeshare is an important decision.
Buyers should only make decisions once all the facts are in. We have
built this guide of timeshare buyers information designed to help those
ready to buy.
Buy Timeshare Safely
We have the buyers information you need.
When buying it's important to keep in mind several important factors
that will most definitely make or break the timeshare experience. We
have a list of what we believe to be the most important factors to consider
when purchasing a timeshare.
- Don't Pay Too Much. Remember that the
seller is trying to maximize his profit just as you are trying to
minimize your expense. In order to get the best deal available, make
certain you have shopped online first. There are many timeshare resale
websites online, check for similar units and compare prices.
- Make sure you know what you want. Timeshare
comes in all shapes and sizes. Make sure you have a solid picture
of what you need. Bedrooms, bathrooms, location, amenities and season
all play such an important part in the buyers role.
- When will you be vacationing? What
weeks do you have off every year. Are they the same weeks yearly or
do they differ. If you know when you vacation you can purchase the
set week or floating week that server your purpose.
- How much space do you need? Typically
the amount of bedrooms and bathrooms determine the price. If you only
need 2 bedrooms, don't pay for three unless you have someone else
to occupy the third room and split the expenses.
- How much are the maintenance costs?
Know exactly how much you will have to pay in yearly maintenance
fees. Ask how much they will rise every year and be prepared to
pay them every year whether you use the resale that year or not.
- How long will you want to keep this unit?
Typically folks prefer the deeded timeshare. Some would rather have
the property revert back to the owner after 20 years. Deeded or Leased
timeshare is quite different. Know which type you are buying.
- Will you be renting the timeshare?
Some owners try to rent their time share
during the weeks they are unable to use it. If this is your plan,
buy timeshare where there are plenty of activities that bring tourists
to the area.
- Which Exchange Company will you be using?
Sometimes a week of timeshare goes unused. If you have an exchange
company you may save or bank that week and use it at a better
- Buy in a great location. When you are
ready, make sure you've picked a location that has plenty to offer.
Nothing's worse than finding out you've covered all the activities
offered after only a few years.
- Timeshare is not Real Estate. Although
it is similar, timeshare is not considered "typical real estate".
(truth about timeshare) You can't hang
a for sale sign in front of it, or bring potential buyers to preview
it. Do not expect a large return on your investment when it's time
to sell time share. The investment
reward comes from the many fine years of vacationing and memories
you have because of the timeshare you bought.
We hope this information has helped. Buying timeshare
is such a big step. Please make an informed decision before you buy
timeshare. If you need more resources feel free to check out our other
features and information at our site
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