Because the timeshare market is rife with gray locations and doubtful organization practices, it is crucial that prospective timeshare purchasers carry out due diligence before purchasing. how to sell a timeshare The original source on ebay. The Federal Trade Commission (FTC) laid out some fundamental due diligence steps in its "Timeshares and Holiday Plans" report that should be browsed by any potential buyer.
For those looking for a timeshare residential or commercial property as a vacation option rather than as an investment, it is rather likely that the very best offers may be found in the secondary resale market instead of in the main market developed by holiday property or resort developers.
Timeshares are based upon the concept of fractional ownership in a property. For example, if you buy one how do i sell my timeshare week at a timeshare condominium each year, you own 1/52nd part of the unit. If you purchase one month, you own 1/12th of the unit. Other purchasers buy the remaining fractions. There are two basic schemes: Deeded: You buy an ownership interest in the residential or commercial property.