What are Timeshares Resales?
Timeshares are a form of
joint property ownership that enable individuals to own
a set amount time (typically a week) in luxury resort
accommodations each year. You can become a
timeshare owner for a fraction of the cost of purchasing
a vacation home.
A time share resale is
simply a one which is being sold by the current owner,
rather than by the resort, usually at a price lower than
the time share's original retail value.
What are Points and Vacation
Vacation clubs are a type
of points based ownership (often referred to as a
membership). Instead of a set resort week or
interval, members receive an annual allotment of usage
points that they can exchange for vacation
accommodations at resorts within the club's network.
Point values for each
night at a resort are assigned based on the popularity
of the resort and location, the season, and the size of
the suite. The more in demand a resort week is,
the more points it is "worth".
Points based ownership
allows for more flexible usage options, allowing you to
book vacations for a shorter or longer period (or in a
smaller or larger unit) than the traditional week long
Vacation club memberships
can be bought and sold on the resale market, since
membership is guaranteed with a legal deeded or
right-to-use contract (see below) that can be
transferred to a new owner.
How is the "Market Value"
determined for Resales?
Pricing varies depending
on a variety of factors, including but not limited to:
||the time of year
||size of the unit
||and market demand
If you already own a
timeshare and are curious about its current resale
value, please contact me for an
What are Time Share
A maintenance fee is a
mandatory fee that the resort management company or
homeowners association charges its owners. This
fee most often covers property taxes, utilities,
insurance, and maintenance expenses including
beautification of the unit and property. Maintenance
fees are generally levied on annual basis, however,
certain resorts may levy them monthly or biennially.
If you purchase a resale time share, you will be
expected to pay all maintenance fees and dues.