buying timeshare

how does this timeshare buying work exactly. Can anyone give a beginner some info

Are you speaking of buying from a developer or a resale?

I would like to purchase a resale... What's the pro's & cons???

christopherj113 wrote:

I would like to purchase a resale... What's the pro's & cons???

pros = you have a vacation destination for life ... if you should buy on the resale market buy a fixed week where you wouldn't mind going every year if you do not join an exchange company .... exchange companies are a whole different discussion ..... points system = if you are looking at a points system instead of a fixed week system or a floating week system, I know little to nothing about all the many different point systems

cons = maintenance fees .... fees may may go up each year .... you own the timeshare or points system until it changes ownership and are responsible for all fees = maintenance fees and possible special assessments .... it's much easier to buy a timeshare than to sell a timeshare (if the need should arise later on), especially in this economy

If you have any other questions I'll be glad to try and answer them.

Thank You for giving me some valid points to think about...