Everyone would think that top timeshare travel destinations would only be in coastal states like Florida, North Carolina, Cancun (Mexico) and South Carolina. But you would be amazed to find that even places like Nevada, California and Minnesota are vying to occupy the top timeshare destination spot. Also the rocky mountain states of Arizona and Utah are also not far behind. Each of these destinations has some special traits which attract visitors from all over the world. Not to forget the kind of amenities these destinations offer which makes them a crowd puller.

Talking of Florida, one destination that immediately strikes everyone’s mind is Orlando. It is considered to be the most favorite family destination in the world. Home to some of the world’s largest and most popular entertainment companies it has number of wonderful theme parks to surpass the expectations of families across the globe. The unlimited and impressive list includes Disney World Resort, Universal Studio’s Universal Orlando Resort, Sea World Orlando and Islands of Adventure. Millions of tourists around the world are overwhelmed by the joy and excitement offered by these resorts. Daytona Beach is also one of the world’s most famous beaches with nearly twenty three miles of beach front. It offers visitors a chance to experience sailing, surfing and jet skiing. Many competitions take place round the year here.

When thinking of vacationing who can forget Cancun, Mexico which is know for its white sandy beaches, great weather, bright blue sky and outstanding hospitality. One can get attractive timeshare packages and vacation discounts here.

Next on the list is Hilton Head Island, South Carolina. This destination is popular for its mild climate round the year. It offers excellent golf courses and cruises with the experience of watching dolphins. One of the main attractions of Cancun is the swim with dolphins feature and interactive aquariums. It is also home to many world class resorts. It also offers best of night life with many bars serving free drinks also. Nearly four million visitors pay visit to Cancun every year.

One can never ignore California when it comes to tourism industry. While Anaheim is home to Disneyland providing greatest excitement and pleasure and offering great discount on timeshare accommodations one cannot return without visiting San Francisco and experiencing its magic. The list of attractions include Fisherman’s Wharf ,Ghirardelli Square, Coit Tower, the mansions of Pacific Heights, world’s biggest Chinatown outside Asia, Union Square, world renowned landmarks like crooked Lombard Street. Night life is one of the greatest. One can go hiking also in Muir Woods and taste world’s greatest wines. Cable rides, Pedi-cabs, Pier 39 etc. there is fun unlimited in San Francisco offering you the complete experience of your lifetime.

Las Vegas, Nevada is not far behind any other timeshare destination as it offers visitors the 360 degree of entertainment. It is second to none in providing the ultimate in fun and excitement. It is the casino capital of the world and wouldn’t be wrong to call it the night capital of the world. Whatever one can think of, Las Vegas has it and that too the greatest of them all, big hotels, big casinos, big convention halls, big malls and what not. You only some good cash in your wallet if you visit this place and rest assured you will get the fun of your lifetime.

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Although the concept of timeshares is not new to the public still people have many questions about timeshares. Few of the most important frequently asked questions that people enquire about are discussed as follows:

Is renting a timeshare better than buying it?

Buying a timeshare gives you much bigger choices. As an owner of the timeshare you get the amenities are better and cost much less. Owners can get discounts on lodging, entertainment, food, travel and many other resort facilities. The average rental fee is way higher than the average maintenance fee and is also increasing every year. In addition to all the above benefits a timeshare owner has equity in the property which can come to the advantage of the owner when he wants to sell it.

Is buying a timeshare good investment?

Many people get this question in their minds whether to buy timeshares as an investment. The answer can be disappointing to you because it has been seen that the value of the timeshare depreciates with time and they can go do as much as 30%-50% depending on the location and season. A timeshare should be thought as an investment in life, for guaranteed vacations and better facilities. Also if you compare the cost of owning a timeshare with a hotel in long term period, a timeshare would save you a lot of money.

Can you rent your timeshare to somebody else?

Sure you can as long as you are the legal owner of that timeshare meaning you cannot rent out a timeshare that is received in exchange.

What is the procedure of making an exchange?

Most timeshare companies have business network with timeshare companies and you are automatically enrolled into exchange program and also the fee for the first year is paid by the timeshare developer in most cases. You can also go to the timeshare exchange company and put your timeshare for exchange. But keep in mind few things like you will get similar kind of unit meaning you can’t expect to get a two bedroom timeshare in exchange of a one bedroom. Also plan in advance if you plan to exchange timeshare as it may take a while depending on the availability. Also remember there is a fee for exchanging timeshares.

What are fixed week and floating week?

In a fixed week plan you are entitled to use your timeshare only at a specific week each year and specific unit. But in a floating week you have the option of choosing a range of week but only on first come first serve basis as many owners would like to do the same thing. The advantage of a fixed week is that your timeshare week is assured and also the unit you want. While floating week is advantageous to people who have schedule conflicts with fixed unit timeshare.

Are there any other additional fees when you buy a timeshare?

The answer is yes. Typically there is a maintenance fee and other fee like transfer fee if you are transferring a timeshare. There may be property tax also.

Should I have to pay any upfront fee while buying/selling a timeshare through a broker?

The answer is strict no. Experts say never every pay an upfront fee to buy or sell or rent timeshare. Like any other industry timeshare industry is also prone to many scammers and frauds. There have been instances where people paid huge upfront fee and they got nothing in return.

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Even though it’s not the best idea to rent a timeshare, it can be economical in some situations. There has been a huge boost in popularity regarding timeshare rentals, and there are several big name companies entering the business. It might sound hard to believe, but there are over 2 millions Americans that own a timeshare. The reason that timeshare rentals are available is because of people’s everyday life that comes into play.

Timeshares are rented through various resorts that actually rent the units on behalf of their owners. Keep in mind; they can also be rented through brokers who deal with more specific locations. While it sounds exciting you should make sure you find a true and reputable company. Then again, if you do not wish to deal with the broker directly, you can always try your luck at the auction sites like eBay and Bidshares.

So how are timeshare rentals more economical? Well here’s a quick scenario: Let’s say you rent a hotel in a resort that costs $200 per night. This means its $1,400 for the week. If you decide you need another room it could be double in the blink of an eye. On the other hand, if you deal with timeshare rentals it could cost $150 per night. This means for a two bedroom unit you’re looking at $1,050. Plus you get all kinds of benefits as well. You will enjoy more room than a hotel, and it’s furnished a lot better. Most timeshare units have 2-3 bedrooms on average. Then of course all the other essentials such as one or two bathrooms, a kitchen, dining room, laundry room, and an indoor or outdoor pool. You will also find that the majority of the resorts out there are located near attraction to make them some of the best resorts in the world.

Once you get a taste of timeshare resorts you will find that they offer more amenities as opposed to hotels. Plus, you will get the added discounts that revolve around the other parts of your vacation. Whether its air travel, rental cars, tickets to attractions or anything else, the extra savings is extremely beneficial. Then there are also extra facilities such as golf clubs, tennis courts, athletics, marinas, and various other added enjoyments. We do want you to understand that there are a few things to consider when it comes to timeshare rentals. If you can, try to select the best location. You know, near a pool or other facilities. You probably don’t want to be left out when everyone else is enjoying the amenities right? The reason you want to be close is the busy seasons often see overcrowded areas. If you are staying close you will be able to get there first.

But few things have to be considered before opting for renting a unit. Try to select the best location if possible like near the pool or other resort facilities. You don’t want to be left out when others are making full use of these amenities, the point is in busy seasons the pools and other facilities are overly crowded, so more near you are to these facilities the better chances you have. And do not hurry in deciding a timeshare rental unit; nowadays more and more units are being available as many big resorts have ventured into this business. So, shop around and go with the best price. Some timeshare units can be without kitchens, make sure you rent the one with kitchen as it can save you few extra bucks by saving you from eating out. Also do your home work by researching about the resort from where you are renting the unit.

In this age of internet, the resources are easily available which provides you with the reviews of the resort and more information to make you knowledgeable. It’s also a smart idea to find a timeshare rental unit near the attractions which will save the cost of renting a car. The ideal place would be one which is easily accessible to public transportation. One can also share rental units with other interested parties by dividing the unit into two. Renting a timeshare definitely makes a strong financial sense compared to hotels and motels.

Since you are interested in timeshare ownership and desire to learn more, you need to visit a Timeshare Forum, and check out WeOwnTimeshares. Meet and connect with timeshare owners on this Timeshare Owners Forum and social network. It is free to join and you can create your own profile in minutes. Share advice and reviews of different timeshares and begin posting questions in the forum. Visit today.