1. Timeshares are not a good financial investment, regardless of what a timeshare sales rep tells you. If you buy from a developer, you are paying all their marketing expenses and the resale value of most timeshares is less than half of what they are sold for by most developers. Disney is virtually the only company that has a right of first refusal clause for resales, so for any other company I recommend buying resales only. For Disney Vacation Club, it’s a toss up. Do some comparison shopping and make sure you know what DVC is offering as incentives and what all the admin costs are on any resale purchases.

Share This

If you are looking for a fun mini-vacation at a deeply discounted price, you may want to consider taking advantage of the many timeshares that offer promotions. If you agree to attend a sales presentation of timeshare ownership, you can often stay at a resort for several days for little to no cost. Often, other incentives will be included, such as dinner, or excursions. There are pros and cons to vacationing this way, but if you are aware of the promotions procedure, you can have a good time, and go home with your pocket book still intact.

Share This

1. Timeshares are not a good financial investment, regardless of what a timeshare sales rep tells you. If you buy from a developer, you are paying all their marketing expenses and the resale value of most timeshares is less than half of what they are sold for by most developers. Disney is virtually the only company that has a right of first refusal clause for resales, so for any other company I recommend buying resales only. For Disney Vacation Club, it’s a toss up. Do some comparison shopping and make sure you know what DVC is offering as incentives and what all the admin costs are on any resale purchases.

Share This

There are advantages and disadvantages to everything in life and they vary from person to person. You will need to consider whether buying a timeshare suits your personal lifestyle and finances. Will you be investing your hard-earned nest egg or only a small part of your overall worth? Whatever your situation, however, any intelligent investor will certainly scrutinize the pros and cons of the investment carefully.

Share This

Private Residence Clubs are a unique variation on the concept of timeshare resort ownership. Growing by leaps and bounds, private residence clubs rely on the concept of fractional ownership, They provide increased amenities and services, compared to traditional timeshares, but at an increased cost. If you love luxury, these clubs may be a good fit.

A Private Residence Club, or PRC, as they are commonly know as, is vacation real estate that is both owned and operated by members. There is usually an average of 5-10 owners per unit, and each person owns a fraction of a club residence, in addition to the common areas and the facilities. PRC’s differ from timeshare ownership in that timeshare owners usually have the rights to a specific week limited to a certain unit, although they may have exchange, or floating week privileges.

Share This

There are advantages and disadvantages to everything in life and they vary from person to person. You will need to consider whether buying a timeshare suits your personal lifestyle and finances. Will you be investing your hard-earned nest egg or only a small part of your overall worth? Whatever your situation, however, any intelligent investor will certainly scrutinize the pros and cons of the investment carefully.

Share This