How to Save Money on Family Vacations with Timeshare Resales

How to Save Money on Family Vacations with Timeshare Resales

Saving up for a vacation with the family can seem like an impossible task. After all, you don’t NEED to take a vacation, right? The truth is, vacations can be seriously beneficial to your health. It has been scientifically proven by a host of studies that vacations reduce stress and improve cardiovascular-health. And, they’re just plain fun. So, today I’m going to share how you can vacation cheaper while still including the entire family.

Enter timeshare resales. A timeshare resale is a timeshare that is for sale by owner as opposed to for sale by the resort directly. When a timeshare is for sale by owner, its price will usually be at least 50% lower than the same timeshare sold at the resort. This often amounts to thousands and thousands of dollars. Like a new car, the value of a timeshare is often cut in half when it is purchased through a resort directly.

Can timeshare ruin your credit?

That’s all well and good, but I know what you’re thinking. You don’t actually want to own a timeshare. That’s totally fine! You can now rent timeshare resales online for huge savings. Sometimes families with teenage children will opt for 2 separate hotel rooms at their chosen resort rather than one studio unit. This will, of course, provide you all with a little more privacy, but at twice the cost. Most timeshares are designed for families, so they will usually come equipped with private bedrooms and a kitchen. One room with multiple bedrooms is almost always going to be a better value than two separate rooms.

Let’s look at an example. When browsing a popular timeshare resale website, BuyaTimeshare.com, I came across a timeshare near Calgary called the Fairmont Vacation Villas at Riverside that sleeps 8 people and is priced for rent at only $350 for a whole week! This resort is located near a golf course, ski lodges, hot springs and more. Perfect for a family getaway on the cheap. There are other great deals around Montreal, Vancouver and Banff as well. Not to mention U.S. tourist destinations like Las Vegas, Orlando, Branson and New Orleans as well.

What to do if you are facing timeshare foreclosures? Try negotiating with the resort or the lender if you’re determined to keep the timeshare. Maybe they’ll agree to a payment plan or lessen the amount you owe. Another choice is forbearance, in which case you are excused from paying payments for a predetermined amount of time.

So there you have it folks. No more excuses for delaying that vacation you’ve been wanting to go on. Find a good timeshare resale rental and save your money for fun excursions and dining instead. Good luck!

 

 

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