Tuesday, November 13, 2007

Timeshare Resale Resort

By P Abbey
When it comes to timeshare resale resort offers there are certain important factors that you need to take into consideration and understand to avoid you actually paying too much for yours. Below we are going to take a look at some of these factors and which will help to ensure that you get more for your money when you do purchase a timeshare resale.

Firstly it is important that you have a clear understanding of the resorts rating where you are considering purchasing your timeshare at. Just because a resort comes with either a five star or gold rating does not mean that when it comes to you selling your timeshare on at a later date if you wish you won't get more money for it. Rather what you should be aiming to do is buying a property which is actually located in a resort that is in high demand.

Secondly as previously mentioned location rather than the rating of the resort is highly important. If you are someone who is looking to exchange your two weeks at your resort with someone at another one then a high demand resort is more likely to get you the exchanges that you want at the time of year that you want. So look for those resorts where a large number of people who want to actually vacation and such areas include Hawaii, Florida Coast and Orlando (for Disney World), the Caribbean and Cancun.

Thirdly if you are going to buy a timeshare resale try to get your accommodation in a period during the high part of the season. As you will soon discover people are more willing to exchange the two weeks at their resort for the two weeks at yours if you have it during the most important part of the year.

Another thing to take into consideration when choosing to buy a resale timeshare rather than a new one is choose a resort where their maintenance fees are not too high. Remember this is not a payment that you will be making just once. Rather you will go on paying this particular fee until such time as you choose to sell your ownership of the timeshare that you have. This is also a cost that you will need to factor into your budget when considering buying a property at such a resort.

Finally if you can use the services of a licensed real estate broker in order to make the purchase. Certainly when it comes to buying any kind of property at a timeshare resale resort it is not as simple as you imagine when you compare it buying a more conventional piece of real estate. But by using the services of a licensed real estate broker not only will they be able to guide you through the process of making your purchase easily but you are protected should anything untoward happen. As by law if they carry out any kind of fraudulent business then it will cost them dearly.


P Abbey owns and operates http://www.timesharesreviewed.com/timeshareresaleresort.html Timeshare Resale Resort

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1 comment:

Paul said...

One additional note for buying on the resale market: Make sure all parties are clear about when the buyer will be able to use their new resort. Any negotiated usage rights need to be in writing. Just to be safe, always use a Realtor.

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