Why You Should Buy A Timeshare ?

Timeshares get a bad reputation, largely because of the high-pressure sales pitches that many people have been subjected to. This is unfortunate because they actually represent some pretty good investments when it comes to real estate. While this may not necessarily be the type of investment that a person would make if they are looking to quickly turn a profit, it is a great way for an individual to experience the luxury that comes from having a vacation home without all of the expense that goes along with it. Although this may not be the best choice for everyone, anyone interested in owning a second property should give it careful consideration.

Real Estate Investments

Real estate investments can be an expensive and sometimes risky endeavor. Many people simply cannot afford to fully own multiple homes, especially if one is just a vacation home. One alternative to this problem is to buy a timeshare which will let you have exclusive domain over a home and property for a specific period of time each year at just a fraction of the cost. This removes the need for expenses, upkeep and real estate costs and still provides you with a beautiful second home. 

Depending on the type of time share you agree to, you may have access to your property for a week at a time or for months at a time. It will vary according to what is being offered or by your personal budget restrictions. Others will go in on the time share and have their chunk of the time and pay a portion of the price, so other groups of people will be involved at some point. However, when it comes to buying an affordable vacation property, time shares is generally the most affordable way to do it. 

Choosing The Type Of Timeshare

There are essentially two types of time shares – deeded and non-deeded. A deeded timeshare represents an actual ownership of the real estate property that must be shared among all of the timeshare members. A non-deeded is more like buying into a club membership in which you get all of the amenities but don’t actually own the property yourself. There are advantages and disadvantages to both. 

The advantages of a deeded time share mean that when you invest money in this property for repairs or improvements, you will have something solid to show for it. Since you own at least part of this property, you are putting in equity and not simply spending money. However, you will also be responsible for the upkeep and maintenance and costs of this property, which is not a problem when you have a non-deeded membership. 

When looking over your options for a time share opportunity, you will need to decide what type of property investment you can afford and whether you want to actually own the property or just have access to it for certain times of the year. You may need to do some research on the various pros and cons of this type of property use, and may also want to examine some of the better companies that provide this type of service. 

When you find the right type of time share for your vacation home, you will be glad you invested in a time share. 

Stephanie Frasco really enjoys writing and one of her favorite things to write about is traveling. She finds inspiration for her traveling at http://myreviewsnow.net.