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Buying Timeshares In Florida, Don’t Do It!

July 29, 2019 – by James Cox

Florida is considered the timeshare capital of the world. There are beaches, theme parks, natural sites and man made attractions. There is so much you can do, and the best part is you do not have to have a passport to visit. There are things for people of all ages, families, friends and it’s a great place to go at any time of the year. With all of that, it’s easy to see why so many people like it and why they want to spend as much vacation time here as possible.

This is exactly what how these companies suck you in and convince you to get a timeshare. Think about the pitch? They know that you are not a fan of the idea because you’ve heard a lot of negative chatter over the years about these kinds of deals and you already have your guard up. They know that your first instinct will be to say no and that the only chance of even getting you to talk to them is by offering a free weekend or something else that gets you in the door.

Once you have agreed to talk to them, they already consider that a win because now they have the opportunity to put doubt in your mind. Maybe this is a really good deal. Maybe this is something you should consider because it can’t be that bad if so, many people are signing up for it. Maybe you need to do a little more research and compare what the cost of a hotel would be for you and your family. Now you’re hooked. But the problem isn’t just that you are thinking about buying a timeshare, the other issue is that you are thinking about doing it in Florida.

What’s wrong with Florida? Putting aside any jokes you may have heard; Florida is actually not a great state to own a timeshare. One of the reasons has to do with the cost of living. While the deal may be affordable for you now, the cost of taxes and insurance continues to go up fast in FL and that means you have to cover the costs. Along with that, you have a continuous rotation of tenants you are sharing the property with, meaning you never know how well someone will maintain the property.

Because the cost of living is also growing in the area, you need to be aware of your maintenance fees going up. Traveling to the area can also be more expensive, especially if you are flying and renting a vehicle. These are just some of the problems you can see when trying to get a place in Florida and why you need to consider staying away from an agreement that locks you in for such a long time.

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