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Monday, May 30, 2011

Buying Guide for Timeshare Resale


Are you on a hunt for timeshares? Are you tired of listening to the lengthy presentations of timeshare companies? Here is the solution, go buy a timeshare resale. Almost non-existent a decade ago timeshare resale industry is waking up to the call and catching up slowly and steadily. Timeshare resale takes place through classifieds, auction sites and also many reputed firms have joined this emerging market. The reason why anybody should look at buying timeshare resale is that they cost 30%-50% less than the new timeshare. The reason why new timeshares are expensive is the timeshare companies spend a lot on advertising. Sometimes the cost of advertising is higher than the value of resale. That is why timeshare resale is much cheaper option than new timeshare. But one should remember certain things while buying timeshare resale.

Do not believe on word of mouth if the seller tells you that the timeshare is in a great location. It is advisable to see the timeshare yourself or at least tell your friend or family member if they live close to the location to go and see it. Timeshare is indeed a great investment in your life provided you know you are buying a right one. And also consider things like whether the timeshare is in a high demand area and in close proximity to grocery stores, malls, restaurants and other amenities. And also find out whether there are any major attractions nearby. Also buy your timeshare in a prime season which gives you more options for exchange later on.

Also do not ignore the floor plan. Some units are converted from motels into timeshare units, while some may be outstanding but some may turn out to be very bad. Look for well designed and well planned unit. And also see if the units are well maintained. If it’s clean and free from dust, structural damages and squeaking doors it speaks a lot about the management. Well maintained and well kept units represent a good management. This also adds to the value of the unit.

The low prices of timeshare resale overshadow the underlying cost sometimes such as maintenance fees, property taxes and if there is any special assessment this year. Clearly ask the seller if all these have been paid up to date otherwise the price of owning a timeshare resale increases and makes no sense in buying. Also buy a timeshare resale unit in a timeshare resort which has low maintenance fee, as this is an annual fee it keeps on adding if you pay any extra money.

If you are buying through a broker, do not fall into the trap of buying through an unlicensed broker. The timeshare industry has witnessed many scams and frauds related to timeshare resale. So always go to a licensed broker because they have much at stake compared to a non-licensed broker. Also put the money in an escrow account until the time you get the timeshare unit.

The foremost important criterion is the price, so do your homework and research the prices of timeshare units in the area you are interested in buying. A timeshare is an investment for a better life. Keep in mind that the prices of timeshare resale units are as low as 30% to almost half the price of the new units. You can do the research on internet auction sites like eBay and bidshare.com. If you are buying through a broker you can ask the broker to show a comparative analysis of prices.

The bigger the unit, the better the value and chances of exchanging. Most people are happy if they buy big units as it also accommodates big families and friends and also big gatherings. Also do not forget to ask the seller the reason why they are selling their units. It can be due to some problems related to management or inconvenience. This information will be crucial to you as you might be able to gauge whether you can handle those issues later on or not.

Alternatives to Timeshare


Over the period of decades the popularity of timeshares has grown by many folds so much so that over two million Americans have timeshare properties in country and out of country. But the rise of timeshare industry saw the rise in scams and frauds. More recently the timeshare industry has been plagued by unscrupulous activities of frauds and scammers. Notwithstanding these serious problems with timeshares a new breed of alternatives are emerging. One of the main reasons why people were attracted towards timeshares was that it will be an expensive affair for a big family to vacation every year at a hotel or a resort. Timeshares proved to be an economical solution to all that.
But on the flip side of it, buying a timeshare requires large upfront fee and the timeshares typically range anywhere from ten thousand dollars to fifty thousand dollars also. On top of that the buyers have to pay the annual maintenance fee, property taxes, management fee etc. which could range from few hundreds to over a thousand also. People have begun realizing that why pay more money and still use the same property every year for only one week.  And people get bored of going to the same place again and again. Although some timeshares offer exchange program which would allow owners to exchange their timeshare units across different resorts and locations but it is not that easy with exchange costing more bucks. And when the owner wants to sell a timeshare unit it is not that easy task. Timeshares are one of the most difficult properties to sell. Even when they sell they sell at 30%-50% lower than their original price.
Now a new era of concepts is taking vacation industry by storm. And this era is represented by concepts such as resort memberships and condo hotels. A resort membership is a one time investment i.e. you have to pay the membership fee only once and you can enjoy the benefits of the resort life long.  And what more you are not required to pay any maintenance fee or taxes. Resort memberships can cost anywhere from few grand to few hundred grand. Some resort membership may also have yearly fee. But if you do a good research there are some resorts within the range of affordability. The best deal that one can get is may be a lifetime member ship for around three grand and a limited five year membership for two grand.  And the members have access to not only the resort they have membership in but they can choose from hundreds of resorts worldwide available in resort company’s network. And there is no limit on number of times you want to go and at what time you want to go, your vacation is always assured.
Another concept that is getting popular is condo hotel which is a relatively new concept and only very few people own condos in hotels. But the concept is receiving good reviews and is gaining popularity with the time. The way it works is it allows people to buy condos in luxurious hotels and utilize the benefits of all the amenities available in the hotel. If the owner is not using the condo he can put his condo for rent and can receive percentage of the revenues it produces. A condo hotel in comparison to a timeshare offers more flexibility, is better furnished, and has better amenities, better services and many locations.

Fishing Pole


Fishing is about being with nature and for those who have been doing it for a very long time; it takes more than just a simple fishing rod and bait. For others though who want to try it and perhaps do it more often, investing in the right tools and accessories will make it a worthwhile experience and at the same time enable the person to catch a lot of fish.

The most important piece of equipment is the rod. For beginners, the basic rod and some bait will do. During this time, the type of material used and the features it has is not important. What matters is getting the feel of it and having fun. When the person is already comfortable and ready to move on to the next level, then one can invest in other more complex pieces of fishing equipment.

Fishing with the Right Line


There will always be challenges whether one decides to fish either in the river or in the open sea. The important thing to remember is to have patience waiting for the fish and doing the best to catch it when it appears.

To be able to fish, a person would need to get a fishing license since this is requirement by law and the regulations regarding fishing varies from one state to the other.

Getting the right equipment for fishing is also an important factor in making that experience a memorable one. Using the wrong kind of fishing line or one that is made of poor quality will cause many problems such as tangles and lost fish.

License to Fish


Fishing is just one of the many forms of relaxation people do these days with either friends or family. It is a time for bonding and a great escape from the pressures of daily life.

To be able to fish, a person needs to get a fishing license since this is requirement by law and the regulations regarding fishing varies from one state to the other.

In some states, 2 licenses are needed. One is called the Conservation license which is a prerequisite before one can obtain a fishing license.

Fishing in USA


Fishing as a sport and recreational activity is very popular in the United States. It has been a traditional hobby of the Americans as well as tourists in the USA. The Atlantic Ocean and the Gulf of Mexico, including the many streams of water across the country offer greater opportunities for Salt water fishing. United States of America has many rivers, lakes and inland streams for fresh water adventures.

Fishing in the U.S.A. is very diverse because of the fish migrating every season. The weather, however, is one factor that restrains people from fishing. Rain, fog, snow, and wind affect the fishermen since these conditions may sometimes be dangerous to them.

Fishing in the South Pacific


The South Pacific has long been known because of the exciting experiences the waters can offer. It has been famous to tourists and even neighboring countries because of adventures and excitements it can offer. Many fishermen come to New Zealand when summers draws to a close. This is the season when tuna and billfish swim closer to the shores to find a warmer place.

During the remaining seven months of the year, that is the time for the fishermen to have a great time especially the months after the winter. You do not need many things to bring to enjoy the exciting destinations of the South Pacific. All you need is your clothes and hats and off you go.

Fishing in China


A fishing vacation is never complete without fishing in the waters of Hong Kong, China. You may explore the fishing realms that the region has to offer. Hong Kong has once been known as an excellent port for fishing enthusiasts. Hong Kong will offer you the kind of fishing that you will never forget.

People may be after the food, shopping and the tourist spots of the region. But for people who are into fishing, Hong Kong can give more than what is expected of it as a city. To fish in Hong Kong is very exciting. You will be able to learn and experience the methods of fishing they have in Hong Kong.

Fishing in Canada


If you would like to experience real adventure in fishing, then Canada is the perfect location for you. Canada has a wide area of rivers, ponds, freshwater lakes, saltwater and streams. Freshwater and saltwater fishing are the favorite pastimes of Canadians and tourists. Fish in Canada including wildlife are very abundant. Canada offers a lot of first-class fishing trips that will make the most out of your time and money. There would not be any reason that you might be disappointed.

Canada has the ideal water where the fish are abundant. There are also plenty of shops and establishments that sell fishing gear and tools for fishing. Fishing in Canada is divided in two groups. That is the Lake Water Fishing and the Salt Water Fishing. The two groups are totally different especially in Canada.