Thursday, December 20, 2007

In depth review of Benefit #6 of Buying a Timeshare

Less maintenance than a vacation home

If you're trying to decide between purchasing a vacation home or a timeshare, there are some important characteristics of timesharing that you will want to consider:
Pay only for the time you use. If you only plan to use a few weeks a year, why keep an expensive vacation home vacant during the time you're not there? Timeshare is most frequently sold in one week intervals, but there are more options now than ever before, like "fractional," allowing you some flexibility if you prefer longer vacations.

Lower upfront costs. While vacation homes can cost hundreds of thousands of dollars, timeshares are much more reasonable. Many timeshares can be found on the internet for a few thousand dollars.

Lower maintenance costs on an annual basis. With a timeshare, you are literally sharing time with other travelers. As such, the maintenance fees are also shared and obviously will be much less than keeping a vacation home year-round.

Already decorated and furnished. Timeshares come fully furnished, saving you thousands of dollars on the furnishings and decor you would need to purchase for a vacation home. They typically come with appliances; both large and small (think toasters, coffee makers, blenders). They also have almost all of the cooking utensils, plates, glasses, cups, and silverware needed for a normal home-like vacation.

Location flexibility.

Unless your vacation home is an RV, you will get more location flexibility with a timeshare using exchange options.
Resort facilities. With a timeshare resort, you have access to amenities you may not have otherwise been able to afford, such as gyms, pools, spas, on-site restaurants and bars, tennis courts, child care and activities, golf, and so on.

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