The sticker price is only the beginning. Factor in these ongoing expenses:
If you don't pay cash, developer-arranged loans often carry high interest rates (up to 14% or more). 3. Key Strategies for Buyers How to Buy a Timeshare!
Before browsing, determine which legal structure fits your long-term plans:
One-time fees charged for major resort repairs (e.g., roof replacement or storm damage).
These average around $1,000 annually but often increase by roughly 12% each year.
You hold a permanent deed that can be sold, given away, or willed to heirs.
You buy a set of annual points to "spend" on different resorts, unit sizes, or times of year within a network. 2. Evaluate Total Costs