Once the decision has been made to purchase a timeshare there are still many issues to consider while finding the right timeshare to purchase. Many questions should be asked and every last detail drawn out, especially if you are new to the timeshare industry. In this multiple part blog we will take a look at some of the things travelers should consider before purchasing a timeshare, keep in mind these are in no particular order.

Location – Everyone is familiar with the term “Location, location, location”, this saying is true as well in the timeshare industry. Since most timeshares are purchased from an individual resort your family will most likely be traveling back to the same location for a number of years, it is important to make sure the timeshare resort itself is in close proximity to a number of attractions that interest the individuals in your party. For example a family with a few small children may want to be close to Disney so they may consider purchasing an Orlando timeshare or even a Disney Vacation Club property. On the other hand a young couple in their mid-twenties may like to check out the party scene and search for a Las Vegas timeshare property.

Size of Unit - When conducting a search for the right property it is also important to determine the correct size of unit that will provide you with the level of comfort you desire while on vacation. The young couple mentioned above may only need a studio or a one bedroom unit where as the family with a couple of children will want at least a one bedroom and most likely two especially as their children grow up. Because you will own the timeshare for many years you may also consider the future plans for your family, do you want to be able to travel with extended relatives and allow them to use your timeshare while you are there, and are there plans for another child coming into your family in the future? Taking the time to consider these possibilities before you purchase may save you some headache in the long run.

Usage Time – This is a very important factor that some people may overlook, usage time refers to the time during the year that you will be able to stay at your timeshare property. This brings up the question of whether to purchase a fixed week as oppose to purchasing a floating week. A fixed week implies that the week purchased is used during the same time period each year and usually specified by a number from 1 -52, representing each week of the year. The fixed weeks are good for travelers who are only able to travel during a specific time each year, it allows them to rest assured they will have accommodations available to them during that time. The floating week timeshare allows the owner to have more flexibility by giving them the option of using the week at anytime throughout the year depending on availability. The floating week is more of a gamble as the requested week may not always be available. The final decision is up to the traveler and the best fit will vary from situation to situation depending on a number of different factors.

Keep in mind these are just a few of the factors that should be considered when searching for the right timeshare, in our next blog we will take a look at some factors involving the purchase price of a timeshare and establishing a reasonable budget for the timeshare purchase. If you are ready to search for a unit to purchase please visit our timeshare resales page.

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