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With so many myths related to timeshare, you are right to do some research into the truth behind timeshare schemes. Most of the information you read about timeshare paint a rather negative picture because of people’s experience of scams and deliberate fraudsters. The truth lies somewhere in between. Below you will find a number of timeshare myths exposed.

Too Expensive
Many people believe the myth that only rich people can afford to buy a vacation property. Timeshare actually makes vacation ownership a reality for all incomes and opens up the possibility for all types of people to be able enjoy a second home. With so many different levels of ownership that evolve as your finances change, buying your first timeshare is just the beginning.

Risky Business
The dangers of timeshare are not dependent on the timeshare concept itself but rather the company that offers the timeshare. There are timeshare scams around but if you buy from a reputable company you should be able to avoid all the pitfalls of timeshare risk. If in doubt, take time to read about the timeshare developer before signing the timeshare contract.

Restricted Vacations
A popular myth is that timeshare properties limit when and where you take a vacation. The opposite is actually true. Buying a fixed week timeshare simply gives you the right to use the property during those dates, but if you want to go somewhere else you can exchange the property directly or use a points system with a vacation club to enjoy the benefits of vacation ownership all over the world.

Extortionate Maintenance Fees?
Maintenance fees are a bugbear but a necessity. To maintain the excellent condition of your property you will have to pay regular maintenance fees. When buying a timeshare, take note of the cost of the fees before you sign.


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