No. When you buy a timeshare, it MAY go up in value, but it will be at a much slower rate than "real" real estate. Also, a lot depends on how the building is maintained. Once the units are all sold, the owners may have gotten all they want out of it, and let it go to pot. Time shares really shouldn't be thought of as an investment. If you have money to toss, and vacation a lot, timeshares may give you enough pleasure that it would be worth it to you. But an investment strategy? No.
2007-06-02 04:07:24
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answer #1
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answered by Caper 4
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The only way that you can experience appreciation in a timeshare is that if you are able to buy it from an individual at an incredibly low price. I have bought two timeshares from individuals where I simply took over their annual maintenance fees. I turned around and sold one for what was a nice profit for me and a good price for the buyer. The other one I simply rent out every year, more than covering the maintenance fees.
2007-06-02 13:41:32
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answer #2
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answered by Anonymous
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It's theoretically possible, but very rare for timeshares to go up in price. Normally if you try to sell, you'd have to sell at considerably less than you paid.
2007-06-02 11:57:02
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answer #3
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answered by Judy 7
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NO! They are a money drain. They are hard to sell. If you do find a willing seller, you get pennies on the dollar. They are not a good investment.
2007-06-02 11:00:22
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answer #4
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answered by ne11 5
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They do not appreciate in value
they are hard to sell
you are obligated to pay your maintainance fee every year whether you use the time or not
Some people like them, I can't figure it out.
2007-06-02 11:03:52
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answer #5
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answered by bob shark 7
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No, because you really dont own anything.
Most are a terrible investment, unless you are the person that owns the property.
2007-06-02 13:15:34
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answer #6
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answered by godged 7
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A very few do. The vast majority do not.
2007-06-02 11:07:57
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answer #7
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answered by Bostonian In MO 7
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