If you usually spend your holidays on popular places like Florida or California, then you probably know what a timeshare is. A lot of agents try to convince you that timeshare purchase is the right choice for you. However, you should analyze everything before you make up your mind about timeshare purchase, since it may not be the right accommodation type for you. First of all you should know that the interest rates for buying a timeshare are way too high; around 15% to 20%.
Secondly, timeshare purchase has other downers like having a terrible resale value. Going for home rentals may result a cheaper choice. Timeshare purchase is not all about cons, but you have to consider them to make an informed decision.