5 Thoughts for Selling Time share Now and Buying Time share – And Yes, Consider the Resale Market
published on July 10th, 2011 in Sell Time share, Sell Time share by Owner, Time share for Sale by Owner, Time share FSBO tagged Buy time share online, Buying a time share, Selling time share, Selling time share now onlineWith summer vacations among us, vacationers are gearing up for another round of selling time share now and buying time share now opportunities. Following are some thoughts to keep in mind when you are looking at buying or selling a time share.
First, no deal is only good for one day…if you are sensing a sales person is telling you that the price is only good for that day, don’t succumb to the pressure, because the same deal will be there the next day and the day after that.
Secondly, have a clear understanding of what you are setting out to accomplish, and not what you don’t want to happen. Not all selling time share now and buy a time share now experiences are the same, so it makes sense to research the different types available. Timeshare salespeople are trained to present specific timeshare as the best option to your vacation objectives. Only you can decide what type of timeshare will offer a worthwhile and memorable experiences.
Thirdly, and one of the more important pieces of fact…know and utilize many Exchange programs. Be sure to consider the associated costs with being affiliated and exchange program, but there are many other exchange options that may offer the experience you are looking for, other than the RCI’s and Interval International’s of the world. Timeshare resorts are usually affiliated with either Interval International (II) or Resort Condominiums International (RCI). Resort representatives will talk a great deal about how you can exchange or trade your timeshare for a great property elsewhere in the world using one of these programs, but what you’ll be missing is that you are not always limited to using only one. There are a multitude of other exchange companies that can offer great benefits and services.
Fourth thing to consider; resort developers make Most of their money on the financing of time share ownership. The resort/developer has many convenient options for financing, and many look enticing, but overall the average interest is 15.9 percent. Also, if you are relegated to financing, ask if there is a penalty for pre-paying the timeshare mortgage. If there is, strongly consider alternatives; 15.9 percent over 10 years can add more than $20,000 to the cost of the timeshare. Remember, selling time share now and buying a time share should be done within your disposable income budget.
Lastly, and certainly one of the more important features to know; buying direct from the Resort you choose to own at is not your only option. In fact, the time share resale sector is a viable channel to selling time share now and buying time share now; and in many cases buying time from the resale market will save you thousands and thousands of dollars. In most cases, there’s no such thing as a new or used timeshare. Timeshares on the legitimate resale market do not change your ownership rights, or void you of someting you may have gotten from buying direct. There are some important questions to ask however when dealing with the resale market, so again, do your homework and be sure to deal with companies that have a dedicated team of buyer specialists; this is a group that has a pure focus on finding buyers for owners who are selling time share now, but also have a strong web presence for advertising a time share you may wish to sell.