The Ultimate Buyers Guide to Vacation Ownership - Huy Q. Ngo
The Ultimate Buyer's Guide to Vacation
Ownership
The Resort Marketplace 1-800-610-2734
W W W.T I M E S H A R E S O N LY.CO M
Table of Contents
3
Introduction
4
The Timeshare Industry At A Glance
5
Timeshare Basics
7
What Are Timeshare Points And How Do They Work?
8
Timeshare Calendars
11
Quiz: The Right Timeshare for You
13
Brand Breakdown
14
The Exception to Every Rule
18
Vacation Now. Pay Later.
19
Where Can I Apply For Timeshare Financing?
20
Vacation Club Loans
21 Experience the World with Exchange
22
What You Need to Know About Vacation Exchange
23
Timeshares vs. Hotels
24
Timeshare Rentals: Try Before You Buy
25
How to Rent a Timeshare
26
Using Our Site to Find Your Dream Timeshare
29
A Step-by-Step Timeshare Closing Guide
30
Step-by-Step to Closing
31
Congratulations!
32
Glossary
2
Introduction
So, you want to buy a timeshare. But with all the options available today, you may be overwhelmed. You keep running into obscure terminology like points-based, floating week and deeded interest, but have no idea how to translate these terms into a smart purchase. If you're struggling to understand how timeshares work or how to buy them, you've come to the right place. This guide can help you choose the best type of vacation ownership for you and guide you through the purchase process. You will also gain valuable insights into how the timeshare industry works and how to avoid common pitfalls during the closing process. We've even included a convenient glossary at the end with all the terms you'll need to know to understand your purchase. Although this guide was designed to be printer friendly, it also includes links you can click to access additional information if you are viewing it on a computer. Should you have any questions not covered in this guide, you can contact a knowledgeable timeshare consultant by calling 1-800-610-2734. Our qualified consultants are ready to answer any questions you may have about timeshare ownership.
3
The Timeshare Industry at a Glance
OVER
70%
of timeshare units have two or more bedrooms.
The Timeshare Industry Experienced the 9th straight year of growth in
2019, fueled by vacationers' needs for unique vacation experiences,
spacious accommodations, consistent brand standards,
and resort amenities.
Americans are now take more vacations days
than ever since the 2008 recession.
More Resort Developers
are offering flexible ownership options.
4
Timeshare Basics
What Is A Timeshare?
A timeshare, also known as vacation ownership, is a way to pay for a lifetime of amazing vacations at today's price. There are different types of timeshare, so every type of traveler can find an ownership that suits their needs. Gone are the days of visiting the same resort, during the same week year after year (unless, of course you want to!). Owned and operated by top hospitality brands like Wyndham Destinations, Disney, Hilton, Marriott or more, these corporations offer a travel club style of membership, providing flexibility and customization for vacations. Today, vacation ownership can take you anywhere in the world. Points-based systems work like vacation currency, so owners can spend time at their favorite resort every year or spend points at other resorts within their developer's portfolio. With vacation trading companies like RCI or Interval International, there are even more options.
How Does A Timeshare Work?
You're probably familiar with the traditional timeshare, where owners visit the same resort for the same week, every year. It's important to remember that every timeshare brand or club works differently and that the traditional timeshare you know now comes with more options than ever before.
The average timeshare square footage is over 1,180 square feet. That's over three times the size of a hotel room!
5
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