Questions To Ask Before Buying A Timeshare

- By
is purchasing a timeshare a good idea

Source: fotostorm / Getty

What is the cost, all in?

There can be closing costs, in addition to the up-front fee. There could be commissions to pay. Ask for a very clear rundown of every dollar you’ll have to pay to get into this place. Also, ask for any assessments that may come up every few years. You may find that, in five years, all owners have to pay $1,000 while the property installs new roofs.

Comment Disclaimer: Comments that contain profane or derogatory language, video links or exceed 200 words will require approval by a moderator before appearing in the comment section. XOXO-MN