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Timeshare Vermont : A Waste

Since it first emerged in the French Alps with the slogan “No need to rent the room, but the hotel”, it became a hit for vacation-lovers and spread across US and Europe. As time goes by, the benefits just kept getting better like the ‘flexibility’ that they offer such as trading your unit with other timeshare properties, selling the unit, or renting the unit for additional income. A vacation exchange company such as RCI was established to guide and protect the clients. It made a lot of wealth that big time hotel chains such as Marriott, Wyndham, Starwood, Sheraton, Disney, Hilton, Hyatt, Ramada, Westin, and Ritz-Carlton invested into developing more and more timeshare units.

Owning a timeshare entitles you the rights to ownership. The rights here is boxed in which the said property is not actually under your name literally but rather you are entitled to the “rights to use” it.

Vermont, home of the maple syrup and maple sugar industry, also boasts for its luxurious, comfortable, convenient, affordable and a lifetime of unforgettable vacation. You will experience such at their maple syrup, dairy farms, covered bridges, and the green mountains.

Did you read it right? AFFORDABLE?

Since 2008, timeshare was doing no good at all. Top hotel chains had a serious drop on their timeshare sales. Some of them stopped further construction of the units. Others closed their sales offices and it prompted them to lay off some of their employees including the local workers.

Timeshare sales kept on getting worse each day as people have realized how impractical it is to obtain a timeshare property. Though there was a slight 10 per cent increase of sales in the early 2010, this was not noted significantly since timeshare unit itself depreciates every now and then.

Probably, the people have known that its upfront fee will do no good for their dream vacation but rather it would sort of be a nightmare for them in the future. Not to mention the escalating maintenance fees that they will be paying in the succeeding years. Maintenance fees are compulsory since this will take care of the upkeep of the unit from the cleanliness of the place to the utility bills. Maintenance fees let you not worry on updating your financial obligations.

But then again, who would want to pay for something that you only get to use for some couple of weeks in a year? Certainly not those who have work hard to get their hard-earned money.
Timeshare is more than just a waste of money. It could also waste your family if everybody is indebted with timeshare.

So instead of choosing any timeshare such as timeshare Vermont, think first of these and you might be enlightened.
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