How Timeshare Property Can Be Fun To Own…..

How Timeshare Property Can Be Fun To Own…..

Dinner on a catamaran on Lake Tahoe
Dinner on a catamaran on Lake Tahoe

Timeshare can be fun, if you do some advance planning, or – as the saying goes, “Use your head.” If you don’t own a timeshare deeded property or points program, start with first renting a timeshare unit at a resort that might be close to your home. The reason for this thought is that you may want to use the facilities from time to time, during the year, and in most cases a resort close to home will allow you to use the facilities on a daily basis.

If you like the resort facilities, while renting, you might want to contact the resort office and determine if any of their current timeshare owners are interested in selling their timeshare unit. This is what we did when we traded our first timeshare to “Treetop Village” in Lake of the Ozarks. We liked the resort so well that we approached the office manager at the resort and asked if any current timeshare owners were interested in selling a summer week. We purchased a summer week , from a current owner, for pennies on the dollar and have never regretted it.

Our recommendation is to only purchase timeshare deeded property on the resale market. Timeshare resorts have been around for 30 years or more and a lot of timeshare owners who purchased in the early years now wish to give their timeshare property up for pennies on the dollar.

Now, think about this. The annual maintenance fee at this 5 star resort, where we purchased, is only $360 or $30 per month out of our vacation budget. For only $30 per month, we have ownership of one week’s vacation every year until we decide to give it up.

Check out the resale timeshare market and have some fun folks! Many timeshare owners will give up their timeshare property for as little as $1.00. But also, find out the history of maintenance fee’s. We would only recommend 2 bed units. Reasonable annual maintenance fee’s today are in the $600 – $700 range.

An example of what’s available at a particular resort, the prices, etc,etc would be at: “Vacations Ownership For Less” here in Minnesota.

Thank for stopping by,

Cary & Elaine

 

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