May, 17 2007
Location, Location Location: There are only three things that you need to look at when buying a timeshare, and these are it.
This statement is not only false but it is misleading, location, yes in deed, is the number one aspect of buying any piece of property, simply because you cannot move real estate (unless it's a mobile home) you are stuck right where you bought it.
However, utility is probably second in importance, the more utility that you have the greater the trade value, and the resale possibility you'll have. The utility is the size, number of beds and baths, and amenities like decks, balconies, etc.
Next lets look at financing, are you being trampled on by your mortgage lender? This is highly unattractive and will only make your use of the timeshare for all of your days to come and heartache.
To read more: go to: www.tsbo.com/timeshare_news.html
Thursday, May 17, 2007
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3 comments:
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http://sellmytimeshareguide.com
Location is key but when you buy a timeshare you should have options to choose several locations when you want to go on vacation. This was the process I went through before choosing bluegreen resorts
I own 2 homes within Reunion Resort which is only some 6 miles from the main gate at Disney. Orlando real estate has struggled the past 3 years and Wyndhams have invested within the resort and are now selling Orlando Timeshare ownership in the resort and I am confused if this is good or bad for the resort community, although I am sure it will bring more guests to the resort I am not sure how it will effect property prices in the future?
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