Benefits Of Buying A Timeshare Resale

30 November 2019
 Categories: Real Estate, Blog


Owning a timeshare such as a Marriott's Oceana Palms timeshare comes with a number of advantages—you can visit a favorite destination every year for an affordable rate, your family can make lifelong memories together, you can exchange your timeshare in order to visit new destinations, and you can allow your friends and family to use your timeshare. While many people purchase a timeshare directly from a developer, a lot of people do not realize that there is an active timeshare resale market. When you purchase a timeshare resale, you are buying directly from an owner. There are many advantages to purchasing a timeshare resale, such as:

Saving Money

Owning a timeshare may be great, but some people may not be able to afford to buy a timeshare when a development is brand-new. One of the best things about a timeshare resale is the fact that they are usually substantially less expensive than buying a new timeshare. The fact that a timeshare resale is less expensive opens up options for people with smaller budgets, or it may allow someone to buy a 2-bedroom timeshare instead of a one bedroom or to opt to purchase two weeks of use instead of just one. Being able to save a lot of money makes timeshare resales very attractive to a lot of people.

Financing Flexibility

Typically, financing the purchase of a new timeshare is done through the developer of the complex or resort. However, when you buy a timeshare resale from an owner, you have a lot more flexibility and options. In some cases, a timeshare resale may be priced low enough to allow you to pay for the purchase in cash. If you are unable to pay for the purchase in cash, you will have the opportunity to explore a number of financing options and choose the one that offers the best terms.

Variety of Choices

If you buy a brand-new timeshare in a specific destination, you are limited to new complexes and resorts that are being developed. Choosing a timeshare resale gives you a lot more options, and you will have the opportunity to purchase a unit in resorts that may be several years old. Having a number of choices means that you can visit several different timeshare resorts and complexes in order to determine which one fits your needs, wants, and vacation styles. There is no pressure when buying a timeshare resale, so you can take your time.