Timeshares can be costly, but they don’t always have to be. In this blog, we are going to make a distinction between regular, pricy timeshares and timeshare resale, which is affordable and more worthwhile. Plus, resale timeshares beat hotel vacations.
How timeshare works
Let’s start out by describing what timeshares really are. Unlike regular vacations where you have to constantly plan your stay, timeshare allows you to always have a vacation destination to go to. You make a one-time purchase of the vacation resort of your choice, and you would basically have a home away from home for approximately one week each year. You would still have to pay an annual fee, but it is affordable, and it’ll go toward maintaining the resort of your timeshare. In other words, you’d be paying to keep your timeshare property and resort clean and running. Nevertheless, having a timeshare in a certain vacation resort and destination doesn’t mean that you’ll have to go to this exact place year after year for the same week. Timeshare is very flexible; you can always exchange your timeshare with another and travel to destinations you have yet to see. Additionally, you can change the time of your vacation. This allows you to move your vacation from, say, the first week of July to the last week of the year. You can vacation in Honolulu where you have a timeshare or go to a different resort in Italy, France, Greece, Thailand, and so much more. With thousands of resorts to choose from both in the U.S. and worldwide, you’ll always have a vacation and never be struck with boredom. Though, you can have all this with resale timeshare, which is cheaper still.
What is resale timeshare?
Now that the concept of timeshare is clear, let’s discuss resale timeshare. Timeshare resale is the sale of a timeshare which used to be owned. How it works is that a previous timeshare owner decides he wants to sell his timeshare, and so it becomes listed for sale again. This is where you probably start wondering why anyone would purchase a previously owned timeshare. Well, when you buy resale timeshare, you’re not buying an old, rundown property. Instead, you are buying a nicely furnished, well-maintained resort property. Not only that, but you’d be buying it at a discounted price, since resale timeshare is always cheaper than regular timeshare.
Hold up! Why should I buy a timeshare an owner no longer wants?
You have to remember that those selling their timeshares are people who purchased the vacation home at full price, and when you purchase a timeshare straight from the developer, 50% of what you pay goes to the developer’s marketing costs. Think about that for a moment. This means that vacation homes sold at “full” price aren’t even worth 50% of what buyers are paying for them. Now, think about those owners who are selling their timeshares. They had to pay the full price the developers claimed the vacation home was worth. Then, once the timeshare was theirs, they had to pay annual maintenance fees. This is why they are not happy with their timeshares and no longer want them. They’ve spent a lot of money, enough to probably put them in debt, and they still pay. Thus, they find themselves with no other choice than to sell the vacation home in order to earn back a small portion of what they paid. Of course, this isn’t always the case, but it often is. Sometimes, timeshare owners want to sell their property simply to purchase one in a different destination.
How to buy resale timeshare
If you want to buy timeshare resale, you can connect directly with an owner here on Timeshare FSBO. You don’t have to pay any fees, which means that you can browse through the list of resorts and timeshare properties and email owners. You don’t pay FSBO anything, not even for the final purchase.
Timeshare resale is the smartest way to purchase a timeshare without throwing all your money away, and with FSBO, you can connect directly with timeshare owners.