FAQ’s with Vacation Max
Q. How does purchasing a timeshare work?
If you like to vacation a timeshare will allow you to go to some of the finest vacation resort. While you vacation you are also building equity in your vacationing. Timeshares can be very beneficial to those who love to vacation.
Timeshare Facts and Benefits:
You, your family, guests, and friends will be able to enjoy the resort for many years. You will enjoy some of the finest, vacation locations & Resorts in the world. As time goes on, vacations will get more expensive you will not see this cost increase. You can get bonus time (weeks/points) or from your resort and enjoy it at a discounted rate. (You can also bank time through your exchange company.)
Q. How long is the stay at the resort if I purchase?
Usually from a Friday to Friday, Saturday to Saturday, or Sunday to Sunday. Usually one week – 7 nights. Timeshares with Vacation Max are typically sold in intervals consisting of a seven-night stay. Some Timeshares that work on points system allow you to stay for a week, weekends or just a night. Check-ins will also vary from timeshare to timeshare it typically is Saturday to Saturday but could be Friday to Friday or Sunday to Sunday.
Q. Will I be able use the resort at other times in addition to my week usage?
YES, most resorts offer additional time to owners at a reduced rate; this benefit is most commonly known as bonus time.
Q. Will I receive all benefits that the resorts are offering if I purchase through a resale company?
YES. The property’s Homeowners Association benefits and rules apply to all owners regardless of how the property was acquired. All major benefits transfer to you when you purchase a resale timeshare.
Q. What does Vacation Max Consider a fixed week?
A fixed week is when you can only use your timeshare that week. This is ideal so time- owners know they have a vacation at a specific week.
Q. What is a float week?
Floating week means you have the flexibility to use your timeshare between week 1 and 52 unless there are restricted weeks with your package, also known as blackout dates. Blackout dates usually include special holidays, special events, and peak seasons. You will have to reserve the week you want in advance.
Q. What is a lockout unit?
A lockout timeshare is when you can lock a door between the units to make 2 separate units. A couple of benefits of owning a lockout unit are you can use your timeshare two separate times by choosing to only use one unit at a time. This feature is also nice if you travel with another couple and would like more privacy. Each unit will have an access door to the hallway.
Q. What is a banked week?
If you are unable to use your timeshare on a given year you have the option with some resorts to bank your week if your resort does not offer this you can use a Service like RCI or Interval International to bank your week. With a banked week you are trading your week for the use of a week later.
Q. What is a point system?
Points are offered annually and can be redeemed for daily stays, weekend getaways, full week stays or other products. Additional points can be purchased but usage varies from resort to resort.
Q. What is involved in buying a timeshare?
When purchasing a timeshare with Vacation Max you have to consider a few things. How are you going to pay for the timeshare? And who will do the Closing on the timeshare. Most resale companies can help you with both of these. When you agree on a price with a seller your property will go into closing with the closing company. After the closing company gets your paper work they will require full payment for the amount of the timeshare that is being purchased which will go into an escrow account. The timeshare closing company will handle paying off any loans the seller might have on the Vacation property or timeshare, and file all the paperwork with the resort. Typically, it can take 3-7 weeks to complete the entire transaction depending on the resort. Once everything is completed you can begin to enjoy your new timeshare.
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