Timeshare Trap

Timeshares are one of the worst investments you can make. This journal is to inform people who are thinking about purchasing a timeshare not to do so and help those trying to get rid of their timeshare.

Sunday, February 12, 2006

Informative Timeshare Article

Our Comments: The Chicago Tribune came out with an informative article titled 10 reasons why you should think hard about time shares highlighting some of the pitfalls of purchasing a timeshare (free registration required to read the article). We feel that these are quality warnings that everyone who is considering purchasing a timeshare should read. Here are the 10 things a timeshare salesman is not likely to tell you highlighted:

1. A time share is a lousy investment
2. Fees add up in a hurry
3. Travel costs can add up to a lot of money
4. Time shares are complicated
5. The break-even point is many years away (if ever)
6. You'll lose vacation flexibility
7. Time-share prices are very negotiable
8. Don't buy the time share from me (or in other words, by used)
9. Timeshares come with lousy financing
10. You'll have a hard time unloading your timeshare

Read the Entire Article


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