Timeshare Gain Popularity Among Former Vacation Homeowners May 16, 2008
Posted by Bryan Connelly in : ARDA, Customer Comments, Fairfield Timeshares, General, Hilton Grand Vacation, Hilton Head Island, Marriott Timeshares, News & Events, RCI, Sunterra Timeshare, Sunterra/Diamond Resorts, Timeshare Rental, Timeshare Resale, Timeshare Resource, Travel, Uncategorized, Westgate Timeshares, Wyndham Timeshares , trackbackA trend is forming in the timeshare market. Over the recent months more and more buyers have been people who have previously owned vacation homes. In today’s economic upheaval, fractional ownership and timesharing are starting to look less like a scam, and more like a reasonable, economically sound alternative to owning a separate vacation home.
The unparalleled benefits of timeshare ownership are even better when you can save thousands of dollars when buying. The timeshare resale market found on BuyATimeshare.com has hundreds of properties, for-sale-by-owner, with prices that are well below what a resort’s salespeople will attempt to sell them for.
For awhile, the timeshare resale market was a well-kept secret in hospitality industry, known only by brokers and seasoned timeshare owners. Resorts do not want their vacations peddled for thousands of dollars less, when they can sell the same package for $40,000.00.
Recently people have begun selling their multi-million dollar vacation homes, taking up timeshare ownership. After considering the maintenance costs and property tax for such little annual usage—owning that second piece of property does not make financial sense. Now, instead of paying maintenance fees that cover cleaning services, taxes, insurance, future furniture replacement, costs to maintain the resort, plus operational costs for management and personnel.
These annual maintenance fees are quite small in comparison to a mortgage, insurance and home maintenance costs. With no mortgage, your money is not tied up in one huge investment. A recent trend in our timeshare resale show that many former vacation homeowners now own multiple weeks—especially after seeing the many benefits, luxuries, and affordability of timeshare ownership.
To make ends meet, vacation home owners will often rent their second home out. This becomes a burden to the owner who is responsible for any maintenance issues, all repair, and scheduling tenants, guests and family, until, vacationing becomes more work than it is worth. That same owner can simply check out of a timeshare, with no concerns about the property, finally, vacationing becomes enjoyable.
With today’s huge exchange companies like RCI, II, and TPI, patrons can swap one or more weeks for a stay at thousands of luxury resorts for a variety of vacation experiences. Many of these ex-vacation homeowners have opted for these multiple destination packages—not affixed to a specific resort headquarters. These options have the most to offer those who vacation often and appreciate a change of scenery.
At BuyATimeshare.com there are hundreds of multi-destination packages, priced to sell by motivated owners. These timeshares are your best option of saving thousands of dollars on you next vacation—reaping the benefits of fractional ownership, without owning, renting, maintaining, or worrying about a second home. Finally enjoy your next vacation.
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