Very few purchases are meant to be enjoyed for the rest of your life. Most people will typically sell their primary home at some point in their lives and move into a new home that better meets their needs. Why should you expect anything different from your vacation property? Unfortunately, most timeshare contracts are structured…
Read MoreWhen you first purchased your timeshare, you may have enjoyed some great vacations that delivered lasting memories for you and your family. However, you may have reached a point in your life where timeshare ownership no longer meets your needs. Whether it’s due to the rapidly rising cost of annual maintenance fees, a change in…
Read MoreThe COVID-19 pandemic has impacted just about every aspect of our lives, including our ability to travel. Due to their prepaid vacation model, the timeshare industry has experienced a variety of unexpected issues over the past year as we’re forced to navigate travel during a pandemic. While vaccines offer the promise that things may get…
Read MoreAs we saw in the history part 1, the timeshare concept was immediately profitable, and it rapidly increased in popularity. So rapid that it very nearly became a victim of its own success. The timeshare industry attracted many people who saw it as an opportunity for quick and easy money. The proliferation of scams and…
Read MoreA timeshare sounds like a great idea at first. For certain costs, you can take care of one of the biggest uncertainties in any vacation: Where are you going to stay? A timeshare gives you a place to rest your head in your favorite destination spot, and it comes along with many of the benefits…
Read MoreThese days, there are numerous options if you’re looking to buy a timeshare. You can find them practically everywhere, with much more flexible packages than you would have found in the past. The only problem is: how to decide which is right for you. In particular, you might be trying to decide whether you want…
Read MoreTimeshares often seem like a great idea at first. However, over time they can come to be a burden. Annual maintenance fees and other ongoing costs pile up. Using your timeshare week becomes hard, if not impossible, and the terms for exchanging or moving your week are terrible. You want someone, anyone, to help you…
Read MoreIf you’re looking for a way to fit more and better vacations into your budget, then you might have heard that timeshares, vacation clubs and travel clubs offer terrific savings. In some situations, these options may deliver the experience promised. However, it’s important to understand what you are getting into when you purchase one of…
Read MoreThe COVID-19 pandemic is having a devastating impact on the travel industry, and many timeshare resorts have experienced significant financial strain during these difficult times. While many aspects of the travel industry will eventually bounce back, the timeshare model creates a perfect storm that threatens the long-term viability of many of these resorts: Their model…
Read MoreTimeshares are marketed as an easy way to take a luxurious vacation every year. That idea seems great in theory, but in reality, most of us don’t have the ability to get away to a resort each year. Often, life may get in the way of our vacation plans. It should come as no surprise…
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