The high season and holidays are known as red weeks in the timeshare industry. Many times it may seem like a good idea to buy a timeshare if you enjoy vacationing during these times. Prices are higher for accommodations during this period and can make it seem like a good deal. Think long and hard before you buy a timeshare. Even if you are tempted by red weeks or high season offers. Can you afford the annual price plus air fare every single year for the rest of your life? Marriage, divorce, children, grandchildren, financial reverses don’t matter, you have to continue to pay for it.
The moment you buy it, it is worth a fraction of what you paid for it. Often it is cheaper to stay at a hotel. There are no tax benefits. Check out the prices on ebay. Check out the time share you want to buy by googling it and looking at the resales. Timeshares are a terrible investment. You have on going maintenance fees to pay, you can not be sure that you will get the week(s) you want, and they have almost no value if you try to sell them. You would be better served by just staying at a nice hotel in the area of your choice, than in buying a timeshare.
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