Timeshare Fees
Timeshare ownership has been continuously presented as a €cheap vacation€. With the intention to dazzle the potential buyers, timeshare salespeople claim that, by owning a timeshare, you can have a good-quality vacation, at a luxury resort for an €affordable€ price. But of course, what they do not tell youis that you will have to pay numerous timeshare fees, which are likely to increase each year. Remember, they are not there to be your friends, they are there with the only purpose to sell you a timeshare, and they will tell you anything for you to get into the contract, as they get a generous commission for that.
€If it sound too good to be true, it probably is€
Facts to take into consideration:
Don't get too excited with the promises made by the timeshare salesperson. Before buying a timeshare, think on the next financial aspects:
Total Purchase Price: Timeshare are overpriced, and the average price is $20,000 usd per unit, but timeshare prices vary depending on the brand of the resort, the location, the timeshare plan and the time of the year when you'd like to use your week.
Down Payment: This is the initial upfront portion of the total price, and it must be done to demonstrate your commitment to the purchase. Most times, it is about $2000 or $3000, but that will depend on your financial situation and the total purchase price.
Monthly Payments: Once you've paid an upfront fee, the amount for the remaining balance will be distributed in several monthly payments.
Timeshare Fees
Even if your fractional ownership is paid in full, you still have to pay your timeshare fees€" the charges never end€" these are the most common:
Maintenance fees: Timeshare maintenance fees can cost from $450 to $750 each year, sometimes even more. The charges are made to cover the costs of operating the timeshare unit.
Special assessment fees: Special assessment fees will only be charged during not reasonably foreseeable events, such as natural disasters.
Membership fees: In order to get €extra benefits€ some resorts will charged a yearly membership.
Trading/Exchange fees:If you want to exchange your timeshare it won't be free. A trading fee will be charged which is about $100-300.
Heads-up!
Your timeshare fees must be paid, whether you use your timeshare or not. Also, you will need to consider to cost of travel, it is useless to own a timeshare if you can't afford getting to it.
Today's lesson:
You don't need a timeshare to have a cheap vacation, and not really on this struggling economy. Before buying a timeshare, calculate the total purchase price, including the timeshare fees and the cost of travel. Then, compare these costs with other vacation packages to the same destination where your timeshare is.
However, timeshare cancellation is the best option to get rid of an unwanted timeshare. At Mexican Timeshare Solutions, we assist timeshare purchasers who feel they were scammed. Contact MTS today for a free consultation and get rid of the financial burdens that your timeshare gives you.
To learn more about services for timeshare victims, visit:
Timeshare Fees
€If it sound too good to be true, it probably is€
Facts to take into consideration:
Don't get too excited with the promises made by the timeshare salesperson. Before buying a timeshare, think on the next financial aspects:
Total Purchase Price: Timeshare are overpriced, and the average price is $20,000 usd per unit, but timeshare prices vary depending on the brand of the resort, the location, the timeshare plan and the time of the year when you'd like to use your week.
Down Payment: This is the initial upfront portion of the total price, and it must be done to demonstrate your commitment to the purchase. Most times, it is about $2000 or $3000, but that will depend on your financial situation and the total purchase price.
Monthly Payments: Once you've paid an upfront fee, the amount for the remaining balance will be distributed in several monthly payments.
Timeshare Fees
Even if your fractional ownership is paid in full, you still have to pay your timeshare fees€" the charges never end€" these are the most common:
Maintenance fees: Timeshare maintenance fees can cost from $450 to $750 each year, sometimes even more. The charges are made to cover the costs of operating the timeshare unit.
Special assessment fees: Special assessment fees will only be charged during not reasonably foreseeable events, such as natural disasters.
Membership fees: In order to get €extra benefits€ some resorts will charged a yearly membership.
Trading/Exchange fees:If you want to exchange your timeshare it won't be free. A trading fee will be charged which is about $100-300.
Heads-up!
Your timeshare fees must be paid, whether you use your timeshare or not. Also, you will need to consider to cost of travel, it is useless to own a timeshare if you can't afford getting to it.
Today's lesson:
You don't need a timeshare to have a cheap vacation, and not really on this struggling economy. Before buying a timeshare, calculate the total purchase price, including the timeshare fees and the cost of travel. Then, compare these costs with other vacation packages to the same destination where your timeshare is.
However, timeshare cancellation is the best option to get rid of an unwanted timeshare. At Mexican Timeshare Solutions, we assist timeshare purchasers who feel they were scammed. Contact MTS today for a free consultation and get rid of the financial burdens that your timeshare gives you.
To learn more about services for timeshare victims, visit:
Timeshare Fees
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