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Will an economic loss result when people decide to sell timeshares in today’s real estate market? That time share purchase that was so treasured for the first ten years has gotten to be less fun lately. The beach that used to be deserted during your week is very crowded now. The area around your building used to be filled with sea oats and scrub trees. Now there are buildings after building of cookie cutter hotels. The crowd that used to come to your private beach used to be calmer. Now rowdy noisy people seem to be the norm. And after ten years of vacationing in the same location you’ve eaten in every restaurant, fished from every pier and visited every major attraction. You’re bored.

There’s another time share sales company that is wooing your business. You’re conflicted. Theirs is a very high end alternative. But it is very tempting. Can you afford to move up? It may be time to talk to the experts.

Firstly, ask the same questions that you would ask before taking the leap in any other real estate transaction. If this is a deeded fractional time share then it has real equity that may have increased since the original purchase. This isn’t always the case but in some areas it is very true. Well after consulting with a company which specializes (they only are in business to sell time share) you are amazed! They conditions that turn you off to your time share are the very ones that are increasing its value.

Lots of people are interested in buying your time share. The current valuation is a lot more than you expected. What an amazing turn of events! You can afford a hefty down payment on the time share of your dreams and with your recent raise at work will have no trouble making the payment on your credit card which was all you needed to finance the remainder. You know this is very high interest and resolve to pay it off quickly. Then you book a flight. Its vacation time again.

Posted by Hope on Friday, July 20th, 2007 at 2:32 am.