Categories
Timeshare

What is a Floating Timeshare?

When you find yourself stuck in a presentation by the timeshare property, you would have no choice but to listen to what they have to say to you. One of those things that they will tell you is that you will have a floating timeshare instead of a fixed date where you own the property. This would allow you to go anytime you wish to the property and enjoy life as we know it. This is usually not true as when you sign the contract, you would have a hard time booking with them. Just when you think everything is all good, you would not know what you need to do next. It is one of those things that they will tell you that are not true. Hence, better remember everything the sales agent tells you. It is no secret the sales agent would just want you to buy the timeshare property so the entire thing is over and done with. When that happens, the sales agent would get his commission and move on to another client. These people don’t really have a fixed salary as they would gain a percentage of what you bought. Hence, you can’t really blame them for trying to sell you stuff that is not really true until you find out that it is already too late.

It won’t be right to fall for this tactic since it is one of the oldest tricks in the book. You would be hard pressed knowing you won’t have to think about where you will spend your vacation. It is all in the mind regarding this floating timeshare that you are dealing with. When it is peak season, you would like to go to the timeshare property that you supposedly own. However, the truth is that you won’t have to deal with these things in due time since the collection agency will do everything they can for you to pay up the ever increasing maintenance fees. If you think you can walk away from that then think again because the timeshare property already experienced a lot of similar instances. It would only be a matter of time before they would want to tell you that you need to pay this amount every time your credit card is due. It is evident that no matter where you go, there really is no escape. Hence, the next best thing to do would be to just file for mis sold timeshare claims and see what happens. There is no guarantee you would get to stop paying those pesky maintenance fees though. All you can do is to hope for the best even though we all know it is another long process to get you out of it and you will need to spend for attorney fees. When they get you the win, it will be worth it. Of course, don’t forget to mention the floating timeshare so that will be one of the things that they will bring up in court.