4 False Claims About Timeshare

4 Financial Myths About
Timeshares

There are several misbeliefs surrounding timeshare that
deceives people and make them fall into this trap. Timeshares
can become a nightmare and one must give serious pause
prior to purchasing it. Here are 4 popular financial myths
about timeshares.

Myth 1: They Pay for themselves
Fact: Timeshares never pay for themselves. Believe it or not, a
salesperson would never try to disclose this information to
you. Timeshares are not just about the initial cost, they also
come with other expenses including maintenance costs,
hidden fees, and more.

Myth 2: They are Smart Investments
Fact: A Timeshare is never a worthy investment. They are
money wasters, instead. This is because, the value of
timeshare drastically decreases the moment you sign the
contract. And that clearly negates the purpose of an
investment rarely if ever will you recoup even a portion of
your investment.

Myth 3: They are Easy to Sell
Fact: Timeshares are extremely hard to sell. The demand for it
is less than ever before and it is hard for anyone to find a
suitable buyer. People who are not on vacation at a resort
with the high pressure sales pitch are aware timeshares are a
poor investment, hence it becomes very difficult for you to
resell for even a fraction of the cost you paid for it even during
good economic times.

Myth 4: They are a Safe Bet
Fact: Timeshares are risky. Most timeshare properties are in
areas that are easily exposed to natural disasters and when
such an event occurs, a timeshare management company
could go bankrupt and or levy each timeshare owner from
that resort a huge assessment to cover the damage. And if a
caretaker doesn’t maintain your property, physical damages
would make it nearly impossible to sell.

Never fall prey to a timeshare high pressure sales
presentation. Always sleep on it. The “great deal” will
be there tomorrow.
For details, visit www.susanbudowski.com or
Call 800 854 7872.