Owning a timeshare might sound like a great opportunity, the year round commitment and expenses however are not so great. It is always smart to do your research before jumping in headfirst into the treacherous waters of timeshares.
Owning a timeshare can come chock full of costs you may not have considered. Like mortgage payments and expenses, like travel costs, annual maintenance fees and taxes, closing costs, broker commissions, and finance charges. Here is a great article by the Federal Trade Commission about some of the dangers of owning a timeshare or vacation plan.