How Much Does a Timeshare Cost Monthly? Calculating The Real Costs

The timeshare market, while different from a real estate purchase, often follows similar protocol, but unlike a traditional property purchase, it is not an investment as there is rarely any resale value. The timeshare option is excellent for individuals who are looking to vacation in the same place every year.

The monthly cost of owning a timeshare will depend on a variety of factors, however in general it is more expensive than originally anticipated. It will be important to be mindful of ‘hidden fees’, in addition to any mortgage you may... Read the rest of this entry »

Timeshare Foreclosure Information by State

How To Protect and Prepare Yourself Against Timeshare Foreclosures In Every State

Timeshare foreclosures are much more common than other property foreclosures for the simple reason that late payments of HOA fees is enough to begin the process. The consequences of a timeshare foreclosure will affect your credit rating and ability to borrow money in the future. 

In order to protect yourself against foreclosure and its negative effects on your financial record you will want to understand the two distinct types of foreclosure that... Read the rest of this entry »

Are Timeshares A Good Investment? RCIVP Help Resource

$10.5 billion is the timeshare industry’s annual revenue. While this figure clearly represents considerable active financial participation on many levels, the question of whether it is a good investment for you personally may be rather subjective.  

Timeshares may be an excellent vacation investment into quality time with family and rest and relaxation, however they may not be a great financial investment. Depending on what you are looking to invest in, the timeshare option may or may not be for you.

Individual owners of timeshares are... Read the rest of this entry »