If you choose to attend a timeshare presentation, then go in with these cautionary tips in mind.
Be Rational
Most vacationers who walk into a timeshare presentation, usually walk out having signed a timeshare contract. The presentations made by the timeshare representatives use hard selling tactics with many aspects of the fine print missing, that can cause you to make an impulsive decision based on emotions. Not getting sucked into the timeshare circus will require all of your rational thinking faculties to be on high alert.
Investigate the Resort
If you are drawn to a particular timeshare resort and you are keen to invest in a timeshare legal agreement, then you should evaluate it before you attend the presentation. Check out the facilities, the pool and the grounds. Another possibility is to run a search on Google and check out the reviews, complaints and feedback of that resort. Dissatisfied and unhappy timeshare owners are sure to vent their experiences and warnings online. Real estate agents in the area will also be able to give information regarding the timeshare resort, its owner and developer.
Watch Out for Half- Truths
An average timeshare sales presentation lasts anytime between 60 minutes to 2 hours. Most people end up signing a timeshare legal contract only because they feel pressured to do so. Another white lie, is that purchasing a timeshare is a wonderful investment that can be resold at any time for a profit. Reality though is different, surveys and studies show that there is hardly any resale value and even if you do get to sell it, you’d be doing so at a very low price. Once you sign on the dotted line, you’re not just stuck with a purchase you never wanted in the first place but now you are obliged to pay the loan and maintenance fee.
If you are thinking of entering into a timeshare contract, be wise to employ the services of a reputable timeshare attorney to help you make the best deal.
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