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The Problem With Getting A Timeshare In Florida

Florida Timeshare

June 25, 2019 – by James Cox

Florida Timeshare

Florida is known for a lot of things, including some interesting residents who from time to time make an appearance on the local news. However, it’s also known for sunshine, beaches and plenty of travel destinations. There are theme parks, great colleges, amazing sites, outdoor adventures, a space program and so much more. Who wouldn’t want to spend their vacations here? Like with anywhere, there are a few issues that come up with vacationing, including the cost of a hotel.

During season, hotel prices can double or triple, making it very expensive for anyone to enjoy even a few days, much less a week. In many ways, this is the main reason why timeshares are so popular here. The appeal of owning (kind of) a property that makes it more affordable to vacation here and allow you to come and go as you please. The idea sounds great but there are a few problems that people usually don’t become aware of until after they’ve signed up for a timeshare with a resort.

One of the main issues is the cost of living. Florida keeps its taxes low because the cost of living is so high, and it relies on tourism dollars. That’s great for full-time residents, but not so much for visitors from out of the state. These resorts are not going to be able to get you a deal on taxes and insurance for the property. Along with that, you have the issue of maintenance fees going up every year. The people taking care of the lawn, cleaning the pools, handling security and processing all that paperwork are going to want raises. The resort has no problem taking care of them because they are passing on the cost to you.

The longer you own the property, the more expensive it becomes and technically you do not even own it. Does that seem like a great deal? Another issue that comes up is if you do not want to go to Florida for your next vacation. Perhaps your family wants to go somewhere else this year and now you are stuck trying to find someone to buy your week from you.

These are things that come up for every timeshare owner and they come to like their deal less and less the longer they hang onto it. If you are considering buying a timeshare you need to consider these issues before purchasing one. If you’ve already purchased your timeshare and you want to get out of it, then Primo Management Group is here to help you exit your deal.

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