The Downside Of Purchasing a Timeshare After Retirement
http://www.webarticles.com/The-Downside-Of-Purchasing-a-Timeshare-After-Retirement/a1757_1
Margaret Dunn
I am a headhunter by profession and an avid internet fan. I have built 14 websites in the past two years, am working several MLM businesses, and love to travel. I am also an Ebay Powerseller of baby products. I am a mom of 2 and a grandma of 2 and my goal in life is to teach others how to survive using the internet as their main source of income so they can stay at home, work and become financially independent.
http://www.dreamcancunresorts.com and http://www.amazingvacationbiz.com By Margaret Dunn
Published on 11/6/2007
Now that you have put in all of those years of hard work, it's time to take a few moments just for yourself and take a hard-earned vacation. You don't have to spend your entire retirement income to travel. You just have to know what options you have available to you. Timeshares can be a poor choice because rather than saving you money, they are actually very costly.
Now that you have put in all of those years of hard work, it's time to take a few moments just for yourself and take a hard-earned vacation. You don't have to spend your entire retirement income to travel. You just have to know what options you have available to you. Timeshares can be a poor choice because rather than saving you money, they are actually very costly.The Downside Of Purchasing a Timeshare After Retirement
Now that you are retired, it's a great time to think about taking one or more vacations with your spouse, family or friends.
There are several good discounted travel options available to you if you have at least a small savings account in addition to your retirement benefits and social security benefits.
Travel is what it is. It can be expensive, but there are ways you can travel for less.
With the advent of the travel membership clubs there really is no need for you to consider buying a timeshare. Timeshares, although appealing initially, in the long run are very costly in several ways.
The average timeshare costs around $15,000 for one with a fixed week and maintenance fees. In order to purchase a timeshare, you typically need a large downpayment or credit card payment to make the purchase. The maintenance fees can average $50 per month up to $100 or more per month and they can go up frequently. The maintenance fees cover the shared costs of keeping your timeshare property in good condition.
If a natural disaster occurs, you will be sharing in the cost of repairing or replacing the property. If the timeshare coop decides it's time to get new furniture for the lobbies, you will be paying for it. You have little to no control over the rising costs of maintenace fees or what they are used for. Even though you will be invited to the membership meetings, they are often held out of your state and you won't have the money to travel to go to the meetings.
Most timeshares allow you to travel one time per year at the same time each year for a predetermined number of years. Typically you travel to the same timeshare property year after year. There are some timeshare programs that are much more costly that allow you to travel more than one time per year whenever you want. Those timeshares can cost up to $80,000 or even more but do have additional benefits.
There are several ways you can get discounts on timeshare travel. First, don't buy a timeshare. Instead, take advantage of the fact that someone else has already paid for the timeshare membership and travel as their guest. You can find auctions on Ebay daily for individuals who are selling their timeshare weeks for greatly discounted prices.
Second, you can do a google search for timeshare properties for rent. To be more specific, if you want a specific city, state or country, include that in your search. This will bring up a list of thousands of results of individuals willing to rent their timeshare weeks at a huge discount.
In fact, this is the greatest source of finding timeshares for sale for a fraction of the cost you would pay by signing up while you are pressured into it at a resort on vacation.
Your local hometown Pennysaver or other newspaper often times will have ads from timeshare owners looking to rent their weeks. Remember, the timeshare owners have taken all of the risks and paid all of the high costs of owning a timeshare. You get to take advantage of that because you didn't have to pay the price. You get to reap the rewards.
More recently there has been a company introduced on line that is selling a vacation club membership where you have all of the benefits of traveling to a timeshare property without having to pay the high cost of buying a timeshare. You pay a one time membership fee that is good for 100 years and willable to your family.
With that membership you get to travel to any one of 5,000 timeshare properties worldwide for a cost of $298 to the most of $798 for a week for 2-4 in a condo suite, 1 or 2 bedroom, three to five star resort.
The timeshare properties typically include kitchens or kitchenettes and are more spacious then a hotel room or hotel suite. The properties are well maintained and are individually decorated so you get to enjoy a wide variety of experiences.
With the club you get to travel as many times per year as you want to travel. You can even go on deeply discounted cruises and get discounts on airfare, car rentals, and hotel stays.
Although these membership clubs have been available off line for over 20 years, they are new to marketing on the internet. As a result, you benefit greatly from that because for the first time ever, they have discounted the selling price on the internet so more consumers can afford the membership.
You can find out more about this new and exciting timeshare discount travel concept to the internet by visiting http://www.amazingvacationsite.com
You've put in your time so now take some time for yourself and take a well deserved vacation. Just don't buy a timeshare without seriously considering the ramifications. Look at the resources mentioned above first. You will be glad that you did!
There are several good discounted travel options available to you if you have at least a small savings account in addition to your retirement benefits and social security benefits.
Travel is what it is. It can be expensive, but there are ways you can travel for less.
With the advent of the travel membership clubs there really is no need for you to consider buying a timeshare. Timeshares, although appealing initially, in the long run are very costly in several ways.
The average timeshare costs around $15,000 for one with a fixed week and maintenance fees. In order to purchase a timeshare, you typically need a large downpayment or credit card payment to make the purchase. The maintenance fees can average $50 per month up to $100 or more per month and they can go up frequently. The maintenance fees cover the shared costs of keeping your timeshare property in good condition.
If a natural disaster occurs, you will be sharing in the cost of repairing or replacing the property. If the timeshare coop decides it's time to get new furniture for the lobbies, you will be paying for it. You have little to no control over the rising costs of maintenace fees or what they are used for. Even though you will be invited to the membership meetings, they are often held out of your state and you won't have the money to travel to go to the meetings.
Most timeshares allow you to travel one time per year at the same time each year for a predetermined number of years. Typically you travel to the same timeshare property year after year. There are some timeshare programs that are much more costly that allow you to travel more than one time per year whenever you want. Those timeshares can cost up to $80,000 or even more but do have additional benefits.
There are several ways you can get discounts on timeshare travel. First, don't buy a timeshare. Instead, take advantage of the fact that someone else has already paid for the timeshare membership and travel as their guest. You can find auctions on Ebay daily for individuals who are selling their timeshare weeks for greatly discounted prices.
Second, you can do a google search for timeshare properties for rent. To be more specific, if you want a specific city, state or country, include that in your search. This will bring up a list of thousands of results of individuals willing to rent their timeshare weeks at a huge discount.
In fact, this is the greatest source of finding timeshares for sale for a fraction of the cost you would pay by signing up while you are pressured into it at a resort on vacation.
Your local hometown Pennysaver or other newspaper often times will have ads from timeshare owners looking to rent their weeks. Remember, the timeshare owners have taken all of the risks and paid all of the high costs of owning a timeshare. You get to take advantage of that because you didn't have to pay the price. You get to reap the rewards.
More recently there has been a company introduced on line that is selling a vacation club membership where you have all of the benefits of traveling to a timeshare property without having to pay the high cost of buying a timeshare. You pay a one time membership fee that is good for 100 years and willable to your family.
With that membership you get to travel to any one of 5,000 timeshare properties worldwide for a cost of $298 to the most of $798 for a week for 2-4 in a condo suite, 1 or 2 bedroom, three to five star resort.
The timeshare properties typically include kitchens or kitchenettes and are more spacious then a hotel room or hotel suite. The properties are well maintained and are individually decorated so you get to enjoy a wide variety of experiences.
With the club you get to travel as many times per year as you want to travel. You can even go on deeply discounted cruises and get discounts on airfare, car rentals, and hotel stays.
Although these membership clubs have been available off line for over 20 years, they are new to marketing on the internet. As a result, you benefit greatly from that because for the first time ever, they have discounted the selling price on the internet so more consumers can afford the membership.
You can find out more about this new and exciting timeshare discount travel concept to the internet by visiting http://www.amazingvacationsite.com
You've put in your time so now take some time for yourself and take a well deserved vacation. Just don't buy a timeshare without seriously considering the ramifications. Look at the resources mentioned above first. You will be glad that you did!