How to Buy a Marriott Vacation Timeshare: A Step-by-Step Guide

Consider purchasing a townhouse if you’re in the market for a vacation property. And if you’re looking for a reputable brand with a wide range of properties, Marriott Vacation Club may be on your radar. However, buying a townhouse can be complicated, and it’s essential to understand what you’re getting into before you sign on the dotted line. This article will walk you through purchasing a Marriott Vacation Timeshares.

Determine Your Budget

Determining your budget is the first step in buying Marriott Vacation Timeshares. Apartments can range from a few thousand dollars to tens of thousands of dollars, and the price will depend on various factors, including the location, size of the unit, and time of year. You’ll also want to factor in the annual maintenance fees, which can be several hundred dollars or more. Once you have a clear budget, you can look at the properties that fit your price range. It’s essential to consider the resale value of the apartment, as you may want to sell it in the future. Doing your due diligence before purchasing can save you from future financial headaches.

Choose Your Destination

One of the benefits of purchasing a vacation club apartment is that you have access to various properties worldwide. From Hawaii to Europe to Asia, there’s a destination for every type of traveller. However, choosing a destination you’ll want to visit year after year is essential. Consider factors like climate, activities, and cultural attractions when deciding. You can also consider the exchange program that vacation clubs offer. It allows you to exchange your townhouse for a different property within their network, giving you even more flexibility in your vacation planning.

Decide on the Type of Ownership

There are two main types of ownership regarding vacation club apartments: deeded and right-to-use. Deeded ownership means you own a share of the property, while right-to-use ownership gives you the right to use the property for a certain number of years. Both types of ownership have pros and cons, so it’s essential to research and understand each before deciding. Another factor to consider when deciding on the type of ownership is the duration of the ownership. Deeded ownership typically lasts longer, while right-to-use ownership usually lasts for a set number of years.

Tour the Property

Before making a purchase, visiting the property and seeing it in person is essential. A vacation Club offers tours of their properties, which can be scheduled online or over the phone. During the tour, you’ll have the opportunity to see the units, amenities, and grounds and ask any questions. It’s also a good idea to visit the property during the time of year you plan to use it to understand better what the experience will be like. During the tour, note any potential issues or concerns you may have, such as noise levels, property maintenance, and amenities availability during peak season. This can help you make an informed decision about your purchase.

Work with a Resale Broker

If you want to save money on your townhouse purchase, consider working with a resale broker. Resale brokers specialize in buying and selling apartments on the secondary market, which can be significantly cheaper than buying directly from the resort. However, working with a reputable broker is essential, as many scams in the townhouse resale industry exist. When working with a resale broker, ask for references and check their credentials. It’s also important to carefully review the terms and conditions of any resale contract before signing.

Conclusion

Purchasing a Marriott Vacation Timeshares can be a significant investment in your travel future, but it’s essential to research and understand the process before deciding. By determining your budget, choosing your destination, deciding on the type of ownership, touring the property, and working with a resale broker, you can ensure that you’re making an informed decision that will provide years of enjoyable vacations.