Timeshare’s Real Worth for Your Relief

Timeshares are oftentimes considered as investments by common people. However, timeshares are not investments because its value actually decreases in time. Some timeshare owners are even forced to find timeshare relief because they realized that the package is more of an expense than a source of profit or earnings.

Timeshares are not investments because the moment a contract is signed by the timeshare prospective buyer, the timeshare becomes his responsibility. The upkeep of the property is barely attended to by the timeshare company and renovations and improvements are out of their priority. It is stated in the contract that timeshare owners are responsible for the maintenance of the units. The deterioration of the property is inevitable and so is the decrease in its market value.

Timeshare salespeople also receive the commission they expect the moment timeshare buyers sign their contracts. Timeshare companies get the amount they expect to earn from the timeshares they sell the moment the transaction is carried out. So the value of the property is immediately depleted by the process. Besides, the acquisition rate of a timeshare is high because of the cost of the marketing involved in selling timeshares and not solely by the components of the property.

Timeshares real worth does not increase, rather, it continues to decrease. It is therefore not to be considered an investment. If you are looking for an investment, you will end up getting rid of your timeshare contract. So before purchasing a timeshare, think well and be sure that you can take it even if its value decreases in time.