Things to Consider Before Buying a Timeshare
What is a timeshare and how do I know which one is
right for me? Time
shares are vacation homes that you buy the right to live in for a certain
period every year. Theoretically, you and the other "owners" get to
"own" a resort retreat for a fraction of the cost of outright
ownership. There are many factors
to consider when purchasing a timeshare.
First, stick with a brand name timeshare
company with a wide variety of properties, like Disney, Marriott, Hilton or
RCI. There
will be resorts that are not name brand that you may want to purchase that
would be a resort that is near your area where you can have day use, i.e: we
live in Orlando and would use a Daytona Beach resort as a day use if we were
visiting the beach. You might buy at a small ski resort in the North East if
you are just interested in skiing. There
are a number of times when you might buy a specialty resort that you would not
want to stick with the brand name resorts.
The next question you might have is, “how
much money should I be paying for the timeshare? This is where many consumers become confused
and should take the time to research the timeshare and contact a timeshare
broker. By visiting the timeshare
resale website: www.timesharebrokersmls.com,
buyers can avoid the time share presentation that utilizes strong arm sales
tactics they would normally be presented with during a timeshare
presentation. The fact is, buying a
timeshare on the resale market vs. buying one at a resort, can save consumers
up to 80%.
Another factor in determining what the right
timeshare purchase will be for a buyer is their price point. Pricing varies
depending on a variety of factors. These factors include - but are not limited
to - the time of year (season), location, resort amenities, size of the unit,
unit amenities, and, of course, market demand.
Something else to consider would be maintenance fees. A maintenance fee is a mandatory fee that the
resort management company or homeowners association charges its owners. This
fee most often covers property taxes, utilities, insurance, and maintenance
expenses including beautification of the unit and property. Maintenance fees
are generally levied on annual basis, however, certain resorts may levy them
monthly or biennially. There are many
other options to consider when purchasing a timeshare. Whether you would prefer to be on a beach
watching a sunset or skiing on a cold winter day, the decision is yours. Let www.timesharebrokersmls.com help you find your timeshare today!