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i'd like info on how to get a time share in new york city. does anyone know how or what the process consists of?

2007-10-25 01:13:23 · 3 answers · asked by roc779301 2 in Business & Finance Renting & Real Estate

3 answers

Always look first in the resale market,you will get the same product and benefits but a way better price, look here:

http://timeshareownerscommunity.com/
http://craigslist.com
http://ebay.com
http://timesharegateway.com/
http://bidshares.com/

BUYING A TIMESHARE

Time-sharing can be an affordable way to own a vacation home. Before you buy, you should be able to answer YES to all these questions:

* Are you POSITIVE you want to spend ALL your vacations there?
*Have you visited the facility? Are you satisfied with its quality, with the stability of the management, and with the terms of the contract? Have you checked out this time-share development with the Better Business Bureau, the Attorney General's Consumer Protection Office or your Legal Assistance Office?

*Have you talked to some long-time owners in this time-share facility?

*Can you afford both the facility and the round trip travel costs each year?

DO NOT BUY IF:

* You want to rent out the facility.

* You plan on reselling it.

* You plan on exchanging vacation sites frequently.



BUYING TIPS

BEWARE OF ANY PROMOTIONS THAT:

* Will not physically take you to the facility. (Some promoters claim the place is built when it is really only a hole in the ground.)
* Offer you a special price "for that day only."

* Subject you to a long and harrassing sales pitch.

* Will not let you take the contract home to study.

DO NOT SIGN A CONTRACT ON THE SAME DAY AS THE SALES PITCH.

If the price is fair, it will still be in effect the next day. Many people readily admit they became much smarter the day after they signed a time-share contract.

2007-10-26 07:38:20 · answer #1 · answered by Anonymous · 0 0

Brokers are like any "middlemen". They add cost without necessarily adding value. One of the good things about Information technology is that it disintermediates - getting rid of the middlemen as much as possible. Share trading is undergoing the same revolution. You have a lot more choices now based on your knowledge and how you want to pay the fees for the additional value added by "brokers". It has not quite reached the stage where no "brokers" are needed at all i.e. the willing buyer and the willing seller just match up. Someone still needs to set up meeting places, time and title to goods to ensure clean transactions. That implies a cost no matter how small. You still have to pay. The diffeerence is micro payments. You pay less with volume transaction - the reasson for the mergers and acquisitons you now see with the world's bourses.

2016-05-25 19:03:50 · answer #2 · answered by merle 3 · 0 0

First, don't buy a "new' timeshare directly from the selling facility. You can save thousands by buying the timeshare which a current owner desires to sell.

There are many websites on the internet offering such 'resales'.

The following is an example of one which seems to have multiple units available at The Manhattan Club in NYC. Doubtless others have similar.

2007-10-25 01:45:22 · answer #3 · answered by acermill 7 · 0 0

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