Get Good Bargains On Timeshares Resale

2007-11-09 05:11:17

( Real Estate )



With the unexpected expansion in the timeshare industry, there has also been an increase in the resale number of units available. If you want to own a timeshare at a lesser cost, you may check timeshares resale prices on the classified ads section of national publications, magazines and local newspapers. Alternatively, you can browse the Internet to find them. Timeshares resale generally involves a significant discount from the original purchase price; the primary reason is that there are far more sellers for timeshares resale than there are buyers.

To get a good bargain on timeshares resale, you can contact a resale agency. However, you should always be on your guard when you approach a resale agency. You would not want to fall victim to shady organizations set up as fly-by-night operations. To ensure that you are dealing with a legitimate agency, you should not hesitate to ask for their state licenses.

It may sound a little insensitive; however, your best chance for finding timeshares resale at bargain prices may be among sellers facing distress situations due to a death in the family, or those who cannot enjoy their holidays anymore due to health reasons, or because of financial problems.

There are also timeshare owners who simply do not want their timeshares anymore, and no longer want to spend money for loan repayments or mandatory maintenance fees. January, the month when compulsory fees are invoiced, is probably the most advantageous time to buy from these sellers. Before buying timeshares resale, ascertain that compulsory fees have already been paid.

You may also find opportunities in the fact that price reductions, in percentage terms, for timeshares resale are most substantial in resorts that have promised too much during a hard-sell campaign. Such practices usually generate a host of resentful owners, willing to dispose their timeshares at almost any price.


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