Buying a Timeshare Foreclosure – Bargain or Bust?

There is no doubt that you can save thousands of dollars buying foreclosed properties. In most instances, foreclosed properties can be purchased at a public auction for just a fraction of what they are worth. If you are considering timeshare, buying a foreclosed vacation property may sound alluring, but there are many hazards and pitfalls that can make it more of a headache than it is worth.

The first thing you need to consider is - Why is the time share property is facing foreclosure in the first place? Read the rest of this entry ยป