When the Federal Trade Commission has a section on their website answering “What is a Timeshare,” you know there is confusion out there! That’s why I like to say that a Timeshare isn’t something you purchase on a whim, three margaritas deep, while on vacation.
It’s a legal contract and long-term financial decision that you should thoroughly understand and think through before buying. No matter what a salesman tells you, timeshare purchase deals will still be available after you get home, so take your time.
Today, a timeshare isn’t just one thing! The timeshare industry offers various products to match people’s different lifestyles and vacation preferences.