Thursday, January 22, 2009

My Secret Timeshare Information

By Thomas Sondheim

A person wanting to purchase a timeshare most commonly visits a timeshare presentation. Such 90-minute presentations normally offer a complimentary weekend vacation. Main job of sales representatives during a presentation is to maintain their job by selling a timeshare to a person. They will not necessarily offer any vacation plan but surely sell something to a person, which earns them a commission.

Whether you are buying or selling a timeshare unit, you want to be fully aware of what your contractual obligation is. After all, you are paying good money for the privilege to own the unit. Timeshare ownership can the one of the best alternatives when one is seeking to extend more vacation per dollar, and visit a place you've never dreamed of visiting.

It's always a good idea to decide where you want to vacation first, then investigate to see if a timeshare opportunity is in that area.

Just remember: 1. You want to own during a popular week. 2. You want to own in a location that others will want to visit. 3. You want to own a unit that is in the RCI network. That way, you'll be able to use your points and trade them in for other resorts. This point system is a benefit associated with timeshare units that can help the resell value of a unit.

People buy timeshare vacation packages as a means of recreation, and the ability to travel globally and stay in timeshare units working in tandem with the owners home development.

Always properly check the details of any previous maintenance fees and property dues that are unclear. In the event you want to sell your timeshare on your own, you'll need to know what exactly is happening around your resort in the timeshare market. The main reason why people love timeshares so much is that, they offer great flexibility for vacationers.

Selling your timeshares is not an easy task and you may run into some problems if you are not wise in who you choose to handle the sale. Make sure you ask for referrals from your timeshare resale broker before you make any kind of commitment.

In researching timeshares in an area, you want to know who the 'players' are. Make a list and identify the main timeshare developers locally. Also ask yourself what timeshare brokers are active in your market. (its always a good idea to have an exit plan when you get tired of that timeshare unit.) Know in advance, who you would need to contact.

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