There’s no doubt that timeshares are a bad financial move for most people. But, despite this, millions of Americans still own them. This is especially true for well educated individuals with comfortable incomes. How is it possible that so many capable people are throwing away their money on a vacation investment that is almost guaranteed […]
Timeshare Money – Why Do People Still Own Timeshares? Read More »
Timeshares are a popular option for those who want to enjoy annual vacations without having to buy a second home or rely on hotels. They may also save people money compared to the cost of staying in high-end hotel rooms. However, there are many factors to consider when deciding whether or not a timeshare is
A timeshare contract is a form of vacation ownership that involves the right to stay at one particular property or resort for an agreed upon number of days. Often, timeshare companies will offer exchange contracts that allow consumers to use accommodations at other locations. Timeshares are usually sold as deeded or non-deeded ownership agreements. Some
Buying timeshares is a major financial commitment. The average price is $22,942 according to the American Resort Development Association (ARDA). If you’re like most people, that’s more than you have in cash on hand and you’ll need a loan to pay for it. But not all loans are the same. Unlike traditional mortgages and car