Time span on timeshare ownership

Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Timeshare: After You Buy and other Timeshare topics.

What can timeshare ownership offer over a span of several years?

Time span on timeshare ownership

If chosen wisely, timeshare ownership over a span of several years can offer financial and personal gratification. Financially, if you do the homework, the timeshare can significantly pay for itself over a period of years and become a sound investment for your entire family. With a lifetime timeshare property your have a onetime purchase price and your annual maintenance fee.

Let's do some math. If you, your spouse and 2 children stay in a 4-star hotel with pool and restaurant in the Midwest for just "one" night, it could cost you at least $200. For one week, that is $1,400. Over five years, that cost will increase due to inflation and basic hotel upkeep. In ten years that will change to approximately $3200 per week. Finish the sequence and 30 plus years down the road you might not be taking a vacation unless you take out a second mortgage!

   

Comments

Nobody has commented on this tip yet. Be the first.



Name:


URL: (optional)


Comment:


Not finding the advice and tips you need on this Timeshare Tip Site? Request a Tip Now!


Guru Spotlight
Sherril Steele-Carlin