Facts About Timeshares
A timeshare might seem like a good idea to many people. It’s important to understand what you’re getting into before you sign the dotted line.
Timeshares are a great option for a great vacation, at a much lower cost than renting a vacation house. But they can be a bit cumbersome. Book your vacation well in advance to cut down on costs. You might even be able get a discount.
Timeshares can decrease over time so it is possible to not get your money’s value. Selling your timeshare can be difficult. It will be difficult to find someone willing to pay the same price as you for your timeshare.
The maintenance fee is another important consideration. The maintenance fee is an annually charged fee to maintain your timeshare. A maintenance fee may be as high at 2% of the total cost to own a timeshare. This can add up over the course your life to thousands of dollars.
The timeshare market has been around for a while. In fact, the sales of timeshares increased about 7 percent in 2017, bringing total sales to more than $10.2 billion. However, timeshares have gotten a bad rep.
The best timeshares offer both quality services and flexibility. You can choose to have a floating week-timeshare. This means that you can choose your vacation dates and not be limited to a particular time of year.