Tell Me More About Acquiring A Worldwide Timeshare

By Miles Vitnar


A lot of people have heard the term "worldwide timeshare" but don't necessarily know what it is. Basically, you own a share, usually a week, in a property in any location in the world where there is a resort.

One of the most common ways to become familiar with timeshares is via a timeshare promotion. You are often aware of these because of an invitation to attend a presentation and get a free gift just for going. It's up to you if you think you can take the sales pressure for most of the day just to get your freebie without making a purchase. But if you are genuinely interested, this is a good place to start your search.

On the positive side, you are likely to get a heavily discounted trip to the resort or resorts of your choice. One tip I recommend is to stay tee total while you are with the sales team (which may be most of the day) as you really need to keep your wits about you. Too much alcohol makes you too easily pliable! Keep your guard up for the typical sales tricks and hard luck stories as well.

On the downside, if you need finance for your worldwide timeshare, firstly think carefully whether you can actually afford one given the current economic climate and the on-going costs such as management and maintenance fees. Also, you will likely be offered timeshare financing from the company you are dealing with. Remember this is rarely your best option financially.

Other options are to buy second-hand where you can get some good bargains. These may be on sale via the resorts themselves, by the owners themselves and through timeshare brokers.

The main benefit of owning a timeshare is that you have your family vacation sorted for years to come. If you buy a static worldwide timeshare, you will know exactly what to expect when you get there, know what to do and where to do it. If you think you might get bored with this, buy a week in a timeshare exchange program so you can swop the location around a bit.

The negative side of owning a worldwide timeshare is that you should not think of it as a monetary investment. It simply is not. In truth, you will find a timeshare quite difficult to sell unless it is in a highly sort after location. What it is, is an investment in your future vacations so if you think of it as such, you won't go far wrong.

To summarise, owning a worldwide timeshare is a great way to secure your future holidays. You buy a week or weeks that you take every year for as long as you own that share. You can join a timeshare exchange program to vary where you go, and you can also swop weeks if you want you. Think carefully as to what you want from your vacations and do your research before you decide whether a timeshare is for you.




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