15 May Cost of owning a Timeshare 

Understanding the costs of Timeshare Mortgages and Resort Fees

If a timeshare company offers you complimentary tickets to an event, an overnight stay at a hotel, or discounts on meals in exchange for attending a “brief” meeting, chances are you are being lured into a full-fledged tour of a timeshare property. While owning a vacation spot that you can visit annually, with the option to exchange it for other locations nationally or internationally, may seem appealing, it’s important to understand the potential drawbacks before committing to such a long-term investment. The time and energy spent attending timeshare presentations during your vacation could be better utilized by simply enjoying a getaway without any obligations. It’s crucial to recognize that timeshares should not be viewed as a financial investment comparable to stocks or retirement plans. However, you may still wonder if it’s worth attending the presentation just to receive a free vacation. By educating yourself on the advantages and disadvantages of timeshares, you can make an informed decision on whether it’s a worthwhile venture in the grand scheme of things.