Timeshares - Purchasing A Timeshare [Part 3]

  • 16 years ago
travelwishtv.com You can save a ton of money by purchasing a used Timeshare, but before you purchase second hand, there are a few things you need to watch out for first. Sometimes buying used means you will miss out on brand name perks associated with buying the Timeshare new, like using the Timeshare at brand hotels and getting loyalty points for using your Timeshare. But the most important thing to concern yourself with is making sure you don't inherit the original owner's debt when you purchase the used Timeshare. A great deal that looked like it was saving you money may end up costing you if the original owner has failed to pay his taxes and other fees on the property. Make sure you use a local real estate agent in the area you are purchasing the Timeshare, and look up the seller of the Timeshare in the better business bureau database to see if there have been any problems with them in the past. Buying a previously used Timeshare can be a great deal that will save you a lot of money... just make sure you proceed with caution and don't end up getting screwed.