For those unfamiliar with the concept of timeshare, it is the long-term vacation option that gives its owners the right to use a vacation home for a specified period of time each year. Timeshares are for people who cannot afford a second vacation home. For people who just don’t have the budget, a timeshare is the next best option.

As with most things in life, choosing a timeshare package depends on the taste and needs of the buyer. Making the right timeshare choice will be one of the most important vacation decisions you will ever make.

Just remember that a timeshare package is a long-term investment. That is why it is essential that you not only consider your short-term needs, but also your long-term requirements. It would be wise to check the local area for a good range of local restaurants, bars and services before making a final decision. Or if you want, you can also choose a timeshare location with a nightclub.

Getting a timeshare package can be very confusing. Don’t be swayed by the small talk of a persistent salesperson. Before purchasing a timeshare package, please read the guidelines below.

1. Take advantage of promotional offers from developers that will allow you to visit a resort with free or cheap “trial” vacations before purchasing a timeshare package. This is a great deal as you don’t have to withdraw money and you get to spend a vacation for free.

2. It is important to consider your lifestyle and recreational preferences when evaluating the attractiveness of the timeshare package location.

3. Conduct research by asking current timeshare package owners questions about their satisfaction or dissatisfaction with their timeshare packages. It is highly recommended that you do extensive research before purchasing a timeshare package. Check the company’s background before committing funds. If you are diligent enough to do your homework, you are sure to find the right timeshare package for you.

4. Familiarize yourself with the maintenance fees associated with the timeshare unit. Make sure maintenance fees, which typically run several hundred dollars a year, cover the costs of cleaning, gardening, upkeep, taxes, utilities, and other necessities.

5. Consider purchasing a timeshare package at a particular resort only if you intend to visit that resort annually or regularly. If not, then you would just be wasting money.

6. Please note that some timeshare packages can be exchanged for a week at another resort. This is known as external exchange. Some timeshare packages can be exchanged for a week at your home resort. This is known as an internal exchange. Ask your timeshare provider if these options are possible.

7. If possible, choose a timeshare company that allows you to deposit unused timeshare weeks for use at another time. This would definitely be very convenient for you.

8. Look for a timeshare company that will let you rent out your timeshare week. Many timeshare owners rent their timeshare properties for a rental amount that can equal double the amount of their maintenance fees.

9. Please note that you have the option of purchasing a timeshare package directly from other owners instead of purchasing it at a resort.

10. Average timeshare package costs are between $10,000 and $11,000 for one week each year for the rest of your life.