2007-03-19 10:15:16 · 4 answers · asked by Dave H 1 in Business & Finance ➔ Investing
Some are, some aren't. You just have to do your research first.
Be sure to check out the "maintenance" fees because that's usually where a good deal goes bad. Also, be sure you understand if it's deeded vs, just getting "use" of a property for "x" years.
Our family owns two timeshares and it's not too bad. But with the added "bonus" vacations that can be had w/o the extra fees, it becomes a much better deal. (Bonus vacations are heavily discounted extra weekends/weeks that can be taken in addition to your regular time and require no monthly/quarterly maintenance fee. It's just a good deal!)
Hope that helps!
2007-03-19 10:38:38 · answer #1 · answered by Yada Yada Yada 7 · 1⤊ 0⤋
If they were, do you think the companies that sell them would have to "fish people in" with spam stating (in large type) "Free Vacation" while the very small print says "you must listen to a timeshare sales pitch while there?"
2007-03-19 10:27:32 · answer #2 · answered by gosh137 6 · 2⤊ 0⤋
I dunno I'm not sold on timeshares myself you are renting the overpriced property and you are still responsible for the taxes on it. i know location is key but with the way the housing market is right now I would not go to timeshare.
2007-03-19 16:20:46 · answer #3 · answered by Anonymous · 0⤊ 0⤋
good for those selling them initially. Not so good for those buying them.
2007-03-19 10:29:18 · answer #4 · answered by Anonymous · 2⤊ 0⤋