Tuesday, November 22, 2011

Why You're Looking to Transfer Smart Now

If you are considering buying into a timeshare, you should know what you're getting yourself into before you sign that dotted line. While things may sound wonderful when it's being presented by a sharp looking man with a perfect haircut and free gifts, these may not be so wonderful when the vacation is over. Owning a timeshare involves costs, limited vacationing options, and a commitment that could last dozens of years. If you are not ready for these aspects of your new timeshare purchase, you may want to transfer smart now instead.
What are some things to consider when you're buying a timeshare?
1.       Initial Entry Fee – You have to pay a decent amount of money to get into the timeshare club. If the number makes you cringe or if you have to make big adjustments just to pay for initial costs, you may be a little in over your head
2.       Maintenance Costs – You not only have to worry about the initial fee. You will have to pay yearly maintenance costs and sporadic special assessment fees that can escalate each year depending on taxes and repairs. These are charges that you must pay no matter if you make it to your timeshare or not.
3.       Travel Costs – Airplane tickets are never cheap. Add the costs of travel to maintenance fees, food, and other expenses and that deal that the salesman sold you on may not seem as great.
4.       Your Family and Living Situation – A timeshare in Orlando makes sense now because you have little children. What happens in twenty years when they're not so young and you have to pay for college? That timeshare next to Disney may not be as appealing.
These are just a few of the things to consider for a timeshare purchase. If you found us too late and have a bought a timeshare that you no longer want, you can still transfer smart now. Find out more today.

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