Investment Adviser- Buy Resale Timeshare

TAI_Staff · #1 (**permalink**) August 20th, 2008, 02:12 PM

Wendell Cayton, a Registered Investment Adviser, recent offered his professional advice regarding timeshare ownership. Among the topics discussed were the fact the people love to vacation and that they always seek-out the the best deal possible when traveling.

The most notable message conveyed was that timeshares today are quite versatile, set-up to allow global usage, and that the savings available on the resale market make it the very best way to buy timeshare. Some excerpts from Wendell's column are quoted below.

Quote:

When a financial planning client consults with me regarding a second home, it is easy for me to point those clients toward time-share ownership. I'll admit to sharing dreams about a ski-in, ski-out condo at my favorite ski resort, but I've been there and done that!

Owning an individual second home has its disadvantages. Besides being locked in to one vacation location, the costs of individual ownership can be high when calculated on a per-night basis...

Quote:

To compare this with time-share ownership, first determine the cost of a time-share by shopping for resales on one or more of the online resale sites...Besides a cost savings, mom will appreciate the fact that someone else does the beds, and cleans up after you leave!

Time-share rights can be sold, although usually at a discount, which is why buying through the resale market is advisable.

The complete article is available at this link:
Is a time-share ownership right for you? Do the math

dugan · #2 (**permalink**) August 21st, 2008, 12:15 PM

when i bought my first time share we purchased from the resort and paid through the nose when compared to resale time shares. we justified the expense by using it as often as possible and even though we realized the money spent would not ever be returned in full, we have years of family vacation memories and you cant put a price on that! we have recently purchased another time share from a resale seller, saved a lot of money and are ready to create more priceless memories.