Get Access to Luxury Resorts At Unbeatable Prices

If you’ve been thinking about buying a timeshare at an exclusive luxury resort and wondering if it would be a good buy for you, then put your money away until you read this article.

The purchase of a timeshare could be good thing for you but you should first consider the way that you vacation. If you book vacation spots 11 months in advance (and sometimes longer) then you could be a candidate. The reason is so because most timeshares nowadays are offered as floating weeks or ownership is based upon points and as an owner, you will have a priority booking window for your reservation.

However, at some point that priority is opened up to all of the other timeshare owners as well. So if you tend to be a spur of the moment vacationer (as most of us are), timeshares are probably not going to be a good buy for you.

The next thing to consider is price. Never, I mean never, buy a timeshare at retail! What I mean is don’t buy your timeshare from a developer, such as Marriott, Hilton or Worldmark. Normally, you can get a much better deal on a timeshare if you take your time and investigate the resale market for them. Many times you’ll find the exact same timeshare in the same property at a fair discount over the price the developer would be asking for the exact same timeshare. The best deals are available in online auctions. http://timesharingauctions.com will make buying a timeshare a lot easier on your pocket.

Finally, there’s the vacation spot itself to consider. Do you vacation in the same place year after year. If so, then owning a timeshare may be right up your alley. However, most of us don’t vacation that way and you should think long and hard before taking the ownership plunge. If you’re thinking about buying a timeshare so that you would be able to exchange it with other timeshares owned by others around the world, be aware that there are fees involved and depending on the share that you purchase it may not be “desirable” on the exchange market.

Besides the price of the timeshare, there are other fees that you should consider. We sometimes don’t think of these while we’re in the exciting “buying” state of mind.

- Closing Costs
- Annual Maintenance Fees
- Assessment Fees
- Exchange Fees
- Exchange Hassles (not really a fee but could cause sudden hair loss!)

The annual maintenance fees for most timeshares increase over time. Currently they can be anywhere from 200-800 per year. Did you know that in most states that if you don’t pay these fees that your timeshare can go into foreclosure? Now that would really bite!

Now there are alternatives to enjoying the luxury resort lifestyle without ownership. One obvious way is to rent the timeshare from an owner. There are many owners out there that either can’t sell their timeshare or have purchased it as an investment property for the purpose of renting it out. In this fashion, you get to enjoy all of the benefits without the obligations and of course can rent timeshares in different locations all over the world and are not limited to any particular week of the year.

However, be prepared to have this be a bit pricey in some cases. After all, you are renting an exclusive resort. Make comparisons in the area with local hotel room and suites. A good place to start your search would be http://www.timeshare-resale-rental.com .

A little known way to enjoy all of the benefits of a timeshare owner but with none of the hassles would be to join an exclusive luxury resort membership club. Usually, the club charges a one
time fee of anywhere between $2,000 - 3,500. These clubs have relationships with exclusive resorts all over the world and offer their members access to these properties for a greatly reduced price than it would cost to rent at the same resort.

In many cases, the cost for a week’s stay is less than the annual maintenance fee the owner would have to pay! Using the club to book a couple of vacations would pay for the membership fee in the savings you’d receive.

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