Thursday, December 20, 2007

TIMESHARE INSIDER TIPS-BUYER BEWARE

TIMESHARE INSIDER TIPS-BUYER BEWARE

Many people today would like to have a retreat. Some place where they can go to get away from their every day life. Around the world, people are turning toward timeshares. When you are considering a timeshare, there are certain guidelines that you should follow in order to assure that you are getting the most for your money.

Developers are always in a hurry to sell their property. That can lead to poor business tactics and misunderstandings. It is important that you only purchase a timeshare from a developer when you are sure it is a real close out and not a rush to get rid of the property.

When you are on a timeshare tour, it is very easy to fall prey to sales tactics that are less than scrupulous. It is recommended that you wait till the very end of the sale to purchase your timeshare; this way the price will be at its lowest price. Often times, the price of the timeshare reflects the marketing costs, and that can be up to half of the cost of the timeshare.

The old adage “Let the buyer beware hold true when it comes to timeshares; most salespeople, if they are slick enough, will convince you that reselling your timeshare will yield you most of your money back. In today’s market, that simple is not true. The return on your investment is usually no more than fifty percent of the price that you paid originally.

Note: One of the best places to purchase a timeshare is on ebay timeshares. eBay polices their sellers and the selection is tremendous.

It is very easy to be deceived if you are not informed. It is important that you research and understand every aspect of a timeshare, especially exchanges.

If you are planning to use the resort that is wonderful, however if you are planning an exchange, then there are certain rules that apply. Each timeshare company has its own rules and it is important that you know what they are.

An exchange company is someone who deals in exchanging timeshare lots. If you have a very high demand timeshare, then you have something to bargain with. When you make an exchange, you want something equal or better to what you currently own. You want to make sure that the accommodations and the season’s equal or you will end up losing money.

Finding information can be difficult because it is a complicated subject. However, http://www.tug2.org/ and http://www.redweek.com/ are sites on the Internet that provide a lot of uncomplicated information that is relatively easy to understand. You can also use www.ebay.com and www.bid4assets.com to purchase timeshares at a very reasonable price. it is very common to purchase timeshares for one hundred dollars or less.

It is critical that you understand exactly what you are purchasing. If you are still unsure, you can contact the resort and ask them questions regarding accommodations and the weeks you are interested in.

Before you go all out and spend money on a property that you like, it is important that you research that property to make sure there are no problems with it. When you become the owner, you are financially responsible for every aspect of it including taxes current and back, and any liens that may be against it. Finding timeshare user groups will allow you to find out if there are any problems.

If you really want a timeshare, and do not have thousands of dollars to spend, contact the resort of your choice and ask them for the homeowners association. You may find that many of them will sell different weeks at a very reasonable rate as a way of recouping some of their investment. They will advise you of what weeks are available and in what season. Timeshares are a wonderful and inexpensive way to get away from it all. You are able to plan your vacations at the same time every year without the chaos of what goes into planning a vacation every year.

One of the best places to purchase a timeshare is on ebay timeshares. eBay polices their sellers and the selection is tremendous.

Top Reviewer
Mark

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