Going on vacation and being bombarded daily to purchase a timeshare. In this particular hotel where I was staying, they offered timeshare units. I decided to do a little more research on the pros and cons of timeshares.
Wikipedia definition of a timeshare:
A timeshare is a property with a particular form of ownership or use rights. These properties are typically resort condominium units, in which multiple parties hold rights to use the property, and each sharer is allotted a period of time (typically one week and almost always the same time every year) in which they may use the property. Units may be on a partial ownership, lease, or “right to use” basis, in which the sharer holds no claim to ownership of the property [1]
Personally I have seen how many timeshare sales people entice a potential timeshare buyer into buying āthe dreamā.
Before you jump onto the timeshare ownership wagon, there are several things you should consider. Continue reading Timeshare or not