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Every Year Timeshare Owners Lose Millions Trying To Sell Their Timeshare

The truth is, timeshares were never meant to be sold as any type of financial investment or asset. Despite what the sales representative may have told you. Here is what the Federal Trade Commission has to say about timeshares having financial value.

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What Does The FTC Say About A Timeshare's Value?

The truth is, timeshares were never meant to be sold as any type of financial investment or asset.

“The sales staff may tell you that a timeshare is a solid financial asset, but the value of a timeshare is in its use as a vacation destination, not as an investment,”

Did Your Timeshare Sales Representative Share Any Of This Information With You?

Below is an example of language taken directly from one U.S. timeshare resort’s public offering statement. Many resorts use similar language in their owner manuals, master agreements, or public offering statements.
“Units (other than Commercial Units) …should not be purchased by any prospective purchaser for resale or as an investment opportunity or with any expectation of achieving rental income, capital appreciation, or any other financial return or valuable benefit, including but not limited to any tax benefit…”
“…Owners attempting to resell or rent their Unit or Unit Week would have to compete, at a substantial disadvantage, with the Developer in the sale or rental of its unsold Units or Unit Weeks. Generally, there is no established market for the resale of Units and Unit Weeks or for the rental of Units and Unit Weeks in the Condominium.”

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