Are Timeshares Worth The Money In The Long Run?

Compensation in the form of free entertainment tickets, five-star dinners, reduced-priced trips, or gift cards for attending timeshare presentations might be worth a couple of hours of your time. But are vacation timeshares worth the money in the long run?

While it might be hard to say no to these free or great “sale” priced offerings in exchange for your time, you’ve been burned before ignoring the old saying — when it sounds too good to be true, it probably is.

You’ve also heard some bad things about timeshares, yet they seem so popular. So what’s the truth about timeshares?

Read on to see if all of the negative press is valid or if timeshares could be worth the money by saving you on vacation expenses over the years.

What is a Timeshare?

A timeshare is a deeded interest in a specific resort-type property. Even though you only own a small part of the property, you usually have voting rights and a voice in operation and maintenance of the resort. According to Lisa Ann Schreier, The Timeshare Crusader, “more often than not today — timeshares sold in the US are not deeded property at all.”

Schreier has been writing about the timeshare industry and educating consumers on timeshare matters for more than 15 years. She says it’s…