Original Message:
What is the best time to rent or buy a timeshare (by R P.):
johng1117 wrote:I'm new to Red Week and to the whole timeshare scene. I'm very interested in either renting or purchasing a resale timeshare in a certain location this summer (popular summer resort area). I have looked at the adds for both and wonder if they may come down in price as the "red" season approaches (interested in 2nd or 3rd week of July). The rents look very high. I appreciate your opinions, thank you.
Have you looked at the Bargain Basement timeshares for sale on Redweek and Tug .... many people are giving away their timeshares in this economy as many can no longer afford the yearly maintenance fees.
As far as renting a timeshare a contract should be in place stipulating the terms of the rental and signed by both the owner and the renter. You can 'search forums' for a sample rental contract.
I would imagine that most rental and sale prices are negotiable.