Saturday, November 15, 2008

The Worse Way to Own a Timeshare

According to TimeSharePilgrim.com there are situations where a timeshare vacation unit is no longer useful for the owner. It that case it is viable to look for a potential customer. People have been able to make a bit of money on their timeshare by selling their points to other timeshare owners in they meet at the timeshare resorts.

By the way, if you are seeking help to avoid timeshare scams...consider these suggestions:

Tip 1. Do your homework on the timeshare market in the area you have either purchased in or are thinking about buying.

Tip 2: Don't believe everything you hear.

Tip 3: If it sounds too good to be true - you know the rest.

Usually, timeshare developers select such popular places to launch their hotels and resorts, since most people like visiting these places for their holidays more often. When you decide to purchase a timeshare, you need to be very careful.

As an aside, TimeSharePilgrim.info is offering many free Timeshare Reports for quick download.

By to the article:  If you're considering a timeshare purchase, here are some suggestions that should help you find the legitimate opportunities and steer clear of the timeshare scams.

A. Make sure you can secure favorable financing.

B. Know what the monthly expenses that you will be responsible for.

C. Make sure you understand how many points your unit represents.

D. Do research and find out how many points you will need to trade them for another resort you'll want to visit. More and more people are finding that there are many timeshare deals to be found online — especially in online auctions.

The available inventory of timeshare rentals is huge. Just about everything you can imagine is "in stock". How about a room in an estate overlooking the countryside of England Or perhaps a suite in a villa in Italy? Or maybe even a chateau in France? If you want it, you can find it…and guess what, you can use your timeshare points. timeshares are so popular today that numerous first class hotels and resorts have started offering timeshare vacations as a choice to enjoy holidays. There are some big names like Marriott, Hyatt, Hilton and others who operate timeshare companies. Check their resorts out. You'll be surprised how beautiful they are…and their locations are typically Class A. The timeshare industry has a reputation for over aggressive sales people with less than stellar ethics. However, in todays global market, the timeshare industry has reached maturity. Consequently, many timeshare developers are owned by huge corporate holding companies. Also, in terms of being fearful of 'scams', in the US, timeshare sales are pretty much regulated by state agencies.

You will enjoy your timeshare ownership more if you know what your overall goal is for that owership. Does that make sense?

Let me explain - First: are you in the group that is seeking a timeshare merely for exchanging it for points? Second: Are you one who simply wishes to spend your vacation at that particular resort? If you have an idea in your mind from the beginning, then you'll not have unfulfilled expectations of your fractional ownership. Buyers need to know in detail, the steps involved and what it takes to purchase a timeshare.

Don't forget, according to TimeSharePilgrim.com in a floating timeshare week, buyers may opt to choose and spend their week in timeshare villas during a particular season.

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