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Edmonton, Alberta, Canada – September 4th, 2014 /PressCable/ —
Great Vacations Club published a blog post today: Should You Buy A Timeshare. This blog post reveals buying a timeshare has great appeal and many benefits to people who want to vacation at timeshare resort in a single location of their choice. In fact recent estimates are that 2 million families in the US are timeshare owners. But research and due diligence is critical to the process of buying a timeshare. Terminology can sometimes be confusing. Potential timeshare buyers are advised to check with the American Resort Development Association for detailed information.
The purchase of a timeshare is basically renting a luxury vacation home for a specific period, so the term “vacation home” or “vacation ownership” are often used synonymously with timeshare ownership. Because the process may be quite complex, many people opt to hire a company specializing in timeshare purchase or resales to facilitate a smooth buying process.
The article discusses the buying process and what to evaluate before purchase such as the initial cost, ongoing fees and degree of flexibility. There are annual maintenance fees, taxes, upgrade and remodeling costs to be considered. Should you wish to vacation at a different location the process of exchanging with other timeshare owners can be onerous.Joining an organization that facilitates exchanges among members like RCI is often required.
Timeshares should not be considered an investment in Real Estate in the normal sense. They tend not to grow in equity and often decline in value over the term, usually 25 years. Resale can be complicated although there are companies that specialize in timeshare resales that can be hired to undertake the sale.
A great alternative to timeshare or vacation home ownership is to buy a vacation travel club membership. Initial costs are a fraction of a timeshare, there are no ongoing fees, many are available 52 weeks per year and provide the ultimate in flexibility. Instead of one resort location for one week each year, vacation travel clubs provide access to numerous timeshare locations.
Great Vacations Club owner Dr. Terrence G Neraasen, says many people struggle with really understanding the difference between buying a timeshare, renting a vacation home, and vacation or travel club membership . In addition, not all vacation travel clubs offer the same features and benefits. This blog post gives solid information about the benefits of owning a travel club membership such as ones provided through Great Vacations Club. Much of this type of information is not shared with the public by the Luxury Travel industry.
For more information visit Great Vacations Club.
About Great Vacations Club
Great Vacations Club was founded in 2012 and serves the Luxury Travel industry. It is known for helping families create precious memories by providing an alternative to expensive timeshare ownership that allows members to save up to 90% off public retail rates at more than 5000 resorts worldwide. We make people take more vacations!.
Contact Info:
Name: Terrence Neraasen
Organization: Great Vacations Club
Website: http://primetimeresorts.net/
Phone: 1-587-520-2871
Address: Box 41105 Yellowbird, Edmonton, Alberta, Canada
Release ID: 61834