Monday, February 6, 2012

How do I choose a vacation club program or timeshare company?

My fiance and I would love to travel twice a year, two weeks total, to various places. We attended a Festiva Adventure Club presentation and loved it but he was a little hesitant about the price. Does anyone know of other good companies? We looked at Disney Vacation Club but haven't explored that option in depth. What we want is to travel twice a year for now, and in a few years increase our vacationing and eventually add kids to the plans. Help??How do I choose a vacation club program or timeshare company?
This is how you choose:



Timeshare is definitely for people with NO FINANCIAL problems and when doing it for the RIGHT reasons and under the RIGHT CIRCUMSTANCES it can be a GOOD THING.



BIG "NO,NOS" IN TIMESHARE:



*If you normally spend less than $100 USD a night for accommodations then timeshare is NOT FOR YOU

*It is not a financial investment

*Don麓t buy if you plan to rent it

*Don麓t buy if you plan on reselling

*Don麓t buy if you plan on exchanging often

*Make sure you can afford to travel at least one week a year

*NEVER BUY FROM THE DEVELOPER



THE RIGHT CIRCUMSTANCES:



*This system makes vacation home ownership possible for many people who cannot afford a second home or who otherwise would not be able to enjoy such resort facilities. Timeshare is an investment in lifestyle, in future holidays, in family time together, and when viewed that way it can be a good investment indeed.

*Get it in an area the you LOVE and that you would visit every year without a problem

*Get it in a very nice Resort (where normally people would pay at least $200 a night)

*Get it in the resale market (it would cost you less than $1000 USD) so all what you have to spend is the maintenance fee.



HERE ARE THE NUMBERS:



$200 USD a night (in a decent resort) x 6 nights = $1200 USD



Maintenance fee in a NICE RESORT x 6 nights = $700

*Maintenance in a "decent resort" x 6 nights = $400
I used to own a timeshare the the Bluegreen Resorts. They are a very good company, however they have a real problem with overbooking and there maintenance dues are very high. If you are looking to purchase a timeshare look first at the maintenance dues sometimes they can really be expensive. Next never purchase a timeshare from the original vendor ie: timeshare presentations at the property. Purchase you timeshare through local resale companies or even on ebay. Another good place is Craigslist. I purchase an RV membership that sells at the parent company for $2,500 for $300 from a private seller I found on Craiglist. Good luckHow do I choose a vacation club program or timeshare company?
Don't. People always have unforseen problems with these types of businesses. 99 out of a hundred people who signed up with one of these will advise you NOT to do it.

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