Buying and selling timeshares: eight tips

In the current market, finding and buying a timeshare is easy. Selling one is a different story. Here are four tips for each that could help.

Timeshare packages are best for the disciplined

"Members can choose to pay upfront or in instalments. The membership fee ranges from Rs 1.9 lakh to Rs 14.72 lakh. If a member chooses to pay in instalments he/she is required to pay 10-15 per cent upfront, and the rest can be paid via equated monthly instalments (EMIs) of 6-48 months."

Death doesn't stop legal obligations of timeshare

Since the great recession began, bills have been piling up for many.   But when a Shoreline woman started receiving bills, collection letters and calls, she contacted KIRO 7, because the bills were for her dead son's timeshare.   Consumer Investigator Amy Clancy started digging and soon learned death doesn't always mean the end of a timeshare.   A woman, the mother of Clancy’s co-worker, told ...