The pros and cons of buying a timeshare

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Offline TimeshareTalk

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The pros and cons of buying a timeshare
« on: June 14, 2018, 22:42:53 »
While many of us would like to own a vacation home, the cost and year-round upkeep prevent us from turning that dream into a reality. If you’re set on the idea of having a home away from home, owning a timeshare might be the best option. However, you need to do your homework. First, you’ll need to understand how timeshares work.

When you buy a timeshare, you are purchasing the right to use a specific unit at a resort for a designated time period every year — usually one calendar week, though it can be longer. You own that right for the rest of your life, or a contracted number of years. You can sell it at any time. The timeshare is purchased upfront for a lump sum. Pricing will vary based on the property itself, as well as what the week you want is “worth.” Unsurprisingly, summertime and Christmas are going to cost more than less popular times. [nofollow]