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Time Share Buyers
Welcome to the time share buyers section.
We offer information for those ready to buy or
just thinking about buying a resale. If you are
interested in purchasing a resale we suggest you
check out our resale section here.
Buy Timeshare Safely
We have the buyers information
you need. When buying it's important to keep
in mind several important factors that will most
definitely make or break the timeshare experience.
We have a list of what we believe to be the most
important factors to consider when purchasing
a timeshare.
- Don't Pay Too Much. Remember that the
seller is trying to maximize their profit just
as you the buyer, are trying to minimize your
purchase price. Make sure you've done your homework.
Be sure you know the area, what attractions
are nearby and at what price range you are looking.
- Make sure you know what you want. Time
share comes in many shapes and sizes. Make sure
you have a solid picture of what you need. Bedrooms,
bathrooms, location, amenities and season all
play such an important part in the buyers role.
- When will you be vacationing? Those
buying a resale must consider when they are
available to vacation. Should you purchase a
floating week or a fixed week. If you get the
same week every year then the choice is obvious.
- How much space do you need? Purchasing
extra room can sometimes be beneficial. Extra
rooms or lockout units allow you to vacation
with another family or rent the extra side to
offset some of the maintenance expenses.
- How much are the maintenance costs.
Your maintenance fees are paid annually unless
you own a biannual unit in which case you pay
every other year. Make sure you know exactly
what these fees are and when you are supposed
to pay them before you buy.
- How long will you want to keep this unit?
You may buy deeded or leased time share on the
resale market. Make sure you have considered
the options. If you have nobody to leave or
"will" your time share too it might
be best to purchase a leased block of time instead
of a deeded week.
- Will you be renting the time share?
Some owners try to rent their time share during
the weeks they are unable to use it. If this
is your plan, buy time share where there are
plenty of activities that bring tourists to
the area.
- Which Exchange Company will you be using?
Sometimes a week of timeshare goes unused. If
you have an exchange company you may save or
bank that week and use it at a better time.
- Buy in a great location. Why are you
buying at this location. Make sure you're either
fans of the area, local attractions, or sports
offered at your resort. For example, someone
looking to buy a resale in Orlando is probably
a Disney fan and with so much to see there you
could never take it all in. Don't buy a winter
week in Colorado unless you're into snow.
- Time share is not Real Estate. Although
it is similar, time share is not considered
"typical real estate". You can't hang
a for sale sign in front of it, or bring potential
buyers on a walk through. Do not expect a large
return on your investment when it's time to
sell time share. The investment reward comes
from the many fine years of vacationing and
memories you have because of the time share
you bought.
We hope this information has helped. Buying
time share is such a big step. Please make an
informed decision before you buying a time share
resale. If you need more resources feel free to
check out our other features and information at
our site map.
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