Timeshares are a great way to secure a vacation spot each year. But if you’re not careful, they can quickly turn into a burdensome financial obligation. One of the biggest financial mistakes people make is buying a timeshare without fully considering all the costs. This includes the initial purchase price, maintenance fees, and other expenses. […]
Timeshare debt is a common problem for owners who have purchased timeshares and are struggling to make monthly payments. Depending on the type of timeshare, this debt can be very difficult to pay off, and late payments can lead to collections notices, levies or even foreclosures. The good news is that there are a few
Timeshares are a great way to enjoy vacations at your favorite destinations without the high cost of staying at hotels. However, these vacation homes don’t usually come cheap and many owners find themselves in need of financing. Fortunately, there are a few ways to finance your timeshare, which can make your vacation home ownership even
Timeshare contracts are a type of legal transaction whereby one party buys rights to use a property for a specific period. These rights can be transferred to another person as part of the contract, or they may be held in perpetuity – that is, without any end date. Dealing with a Perpetuity Timeshare If you