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Timeshare Buyers Guide
Are 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
time.
- 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
map.
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