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The Benefits Of Owning A Timeshare

by - Wednesday, March 26, 2014

Timeshare owners love that they get a reliable vacation home to use every year. The owners take advantage of a one time purchase fee; after the fee is paid, owners are entitled to stay at their resort once a year. Timeshare owners don't have to rent hotel rooms every time they go on vacation; they actually own their own rooms. The owners pay all their fees up front; this saves them a ton of money on future rental costs by protecting them against inflation.

Having a nice place to vacation isn't the only benefit of owning a timeshare. Owners experience the following perks:

No Inflation

It costs a lot of money to stay in a hotel. Hotels are notorious for increasing their prices year after year; this can put a huge dent into a person's vacation budget. Timeshare ownership gets you out of paying for inflated room rates; when you buy a timeshare, you pay for everything up front. All of your nights are included in the original payment, and it doesn't matter how much hotel rooms in the area increase their prices per night.

Owners have the right to use their room every year for the rest of their lives; they never have to pay increasing rates to keep up with inflation.

Resale Value

Timeshare owners who want to get rid of their property have the option to resell it. Owners who can't afford to buy a unit can still make monthly payments on one.  According to Bluegreen Resorts Wikipedia, it's like financing a car that you own after you make all of the payments. Once you have made all of the payments on your timeshare, you are free to do whatever you want with it; you can rent it, sell it or use it for yourself.

Photo source: wikipedia

Generations Of Vacations

Some timeshares give everyone in your family access to your rental; it's important to check your purchase contract for specific details. Many timeshare rentals have purchase contracts that last 100 years; that means that your family has rights to the unit for 100 years. If you pass away, your children and their children still have access to your unit.

People can leave their timeshare as part of their inheritance. Once someone inherits your timeshare, they are able to use it the same way as you did. Timeshares guarantee cheaper future vacations, but they are also an investment for your children and family.

Ability To Trade

Timeshares are usually part of a large network; this means that owners can trade their units when they want to stay somewhere else. If you want to vacation in a different area, you still have access to a timeshare unit.

Timeshares allow you to stay in exotic locations without having to pay exorbitant hotel fees. People who buy timeshares have the ability to vacation in more than one place, and this place doesn't cost them any extra money.

There are countless benefits that come along with owning a timeshare. Timeshares are a practical investment that vacationers can take advantage of; they offer great vacations and an inheritance to your family. Most people who vacation regularly save tons of money when they avoid staying in hotels. Owners appreciate the consistency of their timeshares; they always know that they will be well taken care of on their vacations.

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