Timeshare Advisor and Solutions

Advantages of Buying with an Established Timeshare Operator

Knowing which timeshare companies are trustworthy is a difficult task, especially as there are so many to choose from and because there are unfortunately many timeshare scams that give the industry a bad name. However, it is important to note that timeshare is not a scam in and of itself and that with a little common sense you can avoid a timeshare fraud.

The safest thing that you could do when buying a timeshare is to opt for a company that has a long and reputable track record. A quick search on the internet will show you who are the scams and which companies are offering genuine products worth buying. Established companies that have been operating for at least 8 years will pretty much guarantee value for money, low risk and quality of product. All you have to do is fall in love with the development and destination!

Established timeshare companies are also a great option because they are generally great value for money. With years of experience they know exactly what they are doing and are able to keep the cost of construction low and negotiate according to economies of scale. Some timeshare companies that operate in just one country also tend to own their own construction companies, which means they can offer great products at great prices without skimping on quality.

The other thing to note about a long standing company is that with so many years behind them, their reputation is important. These companies are usually the ones with very strict sales policies keeping their sales teams in check, cracking down on maverick sellers who might think that stretching the truth is going to make them the sale they need. In fact, the more reputable the company, the stricter they are on sales tactics and securing the reputation of their product.

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Joining a Vacation Club

Joining a vacation club has many benefits, whether they be discounts, flexible travel, great value or wonderful accommodations. Vacation clubs offer members the chance of vacation ownership without having to buy a specific property. That is, you buy the equivalent points for a timeshare property and you can then use those points like currency when you choose the destination that you wish to visit and the type of accommodation you need. Likewise, if you already own a timeshare, you can join a vacation club with your property offering it for exchange, which means you can then take advantage of total flexibility.

There are many pluses to becoming a vacation club member, such as the excellent accommodations on offer which are, as a rule, much bigger than hotel rooms and boast kitchens and living areas for all the family. Vacation clubs also qualify the accommodations that they include in their repertoire, using strict criteria that will ensure that you get amazing units in quality resorts. You benefit from their expertise and judgement of properties.

Perhaps the most popular reason for joining a vacation club is flexibility.  You are able to make your timeshare work for you and are free to select the dates you wish, the kinds of accommodations you want, in the destination of your choice every time you take a vacation. You are not limited (unless you wish to do so) to return to the same place every year. Vacation clubs also allow you to bank you points if you do not wish to travel one year so that the following season you can use them for a more luxurious unit or one with more bedrooms. You can also use your points for a weekend rather than a whole week and bank the residual points.

Like traditional timeshare, being a member of a vacation club inspires people to take regular vacations. So, if you are the kind of person who misses out on great trips because you never seem to get motivated to travel, joining a vacation club spurs you to make the most of your investment. Moreover, booking a vacation becomes so easy, you just have to press a few keys on the computer and book online or make a quick telephone call, and your vacation is ready. Simple!

Additional benefits that vacation clubs offer their members are discounts and special rates. Sometimes you can receive discounts on airfares and transfers as well as discount vouchers for local businesses and restaurants near the resorts you are visiting.

WHAT IS TRADING POWER?

Paying your Maintenance Fees on your Timeshare

One of the things you must consider when you buy a timeshare is that you will be required to pay yearly maintenance fees. Details of these fee should be in writing in your contract.

Your maintenance fees are a legal requirement that protects you as well as other owners. If you cannot pay your maintenance fees you should contact your timeshare operator, as failure to adhere to your maintenance fee payments may result in legal action against you. You have to pay your maintenance fees regardless of if you use your timeshare, so you should try to make sure that someone occupies your unit, even if you cannot make it yourself.

Maintenance fees cover all the repairs and general caretaking of your timeshare property, making sure that all of the appliances, furniture, fixtures and details are in correct working order. Your fees will also include the replacement of items that deteriorate over time so that your timeshare investment is protected for the future. Likewise, the maintenance fee quota covers the caretaking of common areas including the pool, spa, clubhouses, gym and other amenities.

You should also be prepared for the maintenance fees to increase over time. As the cost of manpower, materials and services get more expensive due to inflation, so will your fees increase. Established timeshare companies are renowned for reasonable increases, so it is better to avoid emerging companies who have been known to hike maintenance fees after the initial period.

TRUTH ABOUT TIMESHARE
timeshare points

Should I Buy a Blocked Week or Timeshare Points?

You can classify timeshare into two principle types: blocked weeks or timeshare points schemes. What is best for you will depend on your vacation requirements. So let’s take a look at some of the differences.

Blocked Weeks vs Timeshare Points

There are various benefits to both options. If you know when and where you wish to take a vacation every year and are limited to certain weeks because of your job, school vacations or family commitments, then a fixed blocked week might be for you. When you buy a fixed week you are guaranteed your timeshare unit for your chosen week every year. If you always spend Thanksgiving with your family, then buying a fixed week around those dates would be beneficial.

For many, the reason they would not buy a timeshare is because they do not want to vacation in the same place, in the same dates every year. That is why timeshare operators have developed their points schemes. In this case you buy the equivalent timeshare points as you would pay for a fixed week timeshare and then exchange those points when you know when and where you want to travel. It means that you are completely flexible.

The other advantage of the timeshare points system is that you can divide your time and travel more than once a year. Imagine you have bought points enough for a two bedroom apartment for one week but this year you wish to travel for a shorter period of time in spring and winter. The points scheme allows you to take a weekend vacation in one destination and then another all in the same year. Likewise, if you cannot visit your timeshare for some reason, you can bank your week and take two weeks the following year.

THE TRUTH ABOUT TIMESHARE
Villa del Palmar Timeshare

Timeshare Investment Myths

There are many myths surrounding the timeshare industry, most of them painting a negative picture thanks to deliberate scams. The reality is somewhat different when you purchase from a reputable company and many of the myths that circulate about it are actually misleading.

Expensive

The myth that you need to have a lot of money to be able to afford a timeshare is a fallacy. In fact, timeshares are a great way to invest in a second home when you would otherwise not have the funds to do so. There are also many different levels of ownership meaning that there is something for all budgets, and thanks to upgrades, you can move up to a more luxurious accommodation as your finances evolve.

Risky

The risk involved in timeshare depends on the company you buy with. As a rule, most genuine operators present relatively low risk, but you must be sure to avoid scams. With a little research on the internet, the fraudulent timeshare companies become very obvious.

Restrictions

Because you buy a timeshare week at a particular location for specific dates, many people assume that this is inflexible. The truth is rather different. The beauty of timeshare is that you have the option of going to the same place during the same dates every year, if you wish, but can also swap those dates and destinations according to your preferences and plans.

Costly Maintenance Fees?

Maintenance fees are a reality of timeshare as they are intended to secure your investment and make sure that your property and common areas are kept in perfect condition. They are unfortunately an essential outgoing but should not be unnecessarily high.

Villa del Palmar Flamingos Resort

CHEAP VACATIONS IN PUERTO VALLARTA