Understand the contract.
It is easy to sign a timeshare contract, but it may be hard to get out of one. Make sure you understand all of the terms. When do you get to use the property? Do you get the same property every time? What...
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With a timeshare you purchase rights to use the property, typically on an annual basis. There is a recurring, and predictable, cost associated with timeshares in the form of maintenance fees. The fees are paid to either the developer...
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Timeshare owners may notice a charge for “The ARDA fee” on their maintenance bill. What they may not know is the fee is voluntary. Timeshare owners can opt out by contacting their resort, but should they?
The American...
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Timeshares have a bad reputation. The bad reputation comes from high pressure sales tactics that push timeshares on buyers who are not a good fit. Timeshares do not work for everyone, for some it is the only way to vacation. Timeshares...
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Maintenance fees can be a tough pill to swallow. As a timeshare owner you should know what the fees are paying for. Contact your resort and request a copy of their budget. The budget should provide a clear answer as to what the...
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Feel like you could get a better value by purchasing a timeshare ? This is a fairly common question, and the answer is it depends. It depends on how often you vacation. It depends on your desire to frequently vacation in the same...
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There is limited public information regarding average maintenance fees. The American Resort Development Association provides data from 2008 (link). According to the ARDA “the timeshare industry reported an average annual maintenance...
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Timeshares are often a family affair. It is not uncommon for families to congregate annually at a timeshare for a holiday, family reunion, or a group vacation. For some families the sentimental value of a timeshare may add to, or...
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