Frequently Asked Questions
Q: How do I buy a Timeshare?
Timeshareresale.com.au makes this possible. Search our listings
Q: When can I use my timeshare?
Your Timeshare can be used obviously after you have purchased it. Each year your maintenance must be paid up before you can utilise your week(s).
Q: What do I have to pay?
After you initial purchase, each year you must pay a fee for maintaining your timeshare resort. Each resort is different, so it pays to find this out when you are buying, but prices usually range between $100 and $700
In some cases, the resort will ask for a "Special Assessment" fee. This is usually for a major remodeling project and we advise you to check the history record at the Resort for past amounts and times.
Q: What should I look for when buying?
If you are buying timeshare for the first time it is important to understand that most resorts have different categories of timeshare weeks. Some timeshare weeks may only be used in non-school holiday periods while others may only be used during a particular week each year and this will be reflected in your initial purchase price, so we advise you to check with your resort.
Q: What are the benefits of owning a timeshare?
After your initial purchase price, you own your timeshare either as a deeded property or on a right to use basis depending on the individual resort.
It can be passed on as a gift or sold. When on holiday, you
can enjoy the use of all the equipment for FREE and make use of activities
and tours that are pre-arranged and also usually FREE. If you can't use
your week, simply rent it out or gift it to a friend or relative. For the same money as a couple of holidays in a hotel, you
can own your holiday accommodation forever. The resorts are top quality
and self-contained with full or part kitchens, so you can save money by
not dining in expensive restaurants for every meal. Unlike
a hotel, there are no charges for extra people. The maximum number of people permitted to occupy a villa can vary from 2 to 8 depending on the size of the villa.
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Q: Can I stay at other timeshares and use it to travel around the
world?
By joining an exchange company you can exchange your timeshare week for
other resorts virtually anywhere in the world. You can own one week and
get extra weeks from the Resort at special discounted prices or use next
year's week for an extended holiday.
Timeshare exchange company links:
http://www.rcipacific.com
http://www.interchange-timeshare.com.au
http://www.icegallery.com
http://www.dialanexchange.com.au
http://www.intervalworld.co.nz
Q: How do I exchange my timeshare?
Joining one of these enables you to exchange to thousands of Resorts
around the world. You find the Resort you wish to go from the exchange
company book, it is best to give a second or third preference, the exchange
company will check to see if there is a vacancy someone has spaced a week
in that resort) if at the time there is none you can request an ongoing
search till there is a match or take the 2nd preference Resort. It is
best to plan ahead so you are not disappointed. Timeshare exchange companies
offer bonus weeks at very attractive prices and you don't have to space
your weeks. They offer full travel service agencies for and offer good
rates on airlines and package holidays. They are now offering a point
system for the Resorts so check their websites for further details.
Q: Why buy a time-share directly from the owner?
You can save thousands of dollars and have no commissions. Check our
time share classifieds Over four million households worldwide now own
timeshare. Timeshare ownership makes sense. This is a broad outline of
timeshare. Please check with the Resort or contact the exchange companies
for further information.
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