The best time to take a vacation is when there are fewer other vacationers. The deals are better. The crowds are lighter. The times are more memorable.
The best time to sell a timeshare is right now.
With the economy dropping and continuing to drop, your timeshare value will continue to plummet. Selling your timeshare has been challenging to this point and will get darn near impossible in the next few months.
We are going to hit 20%+ unemployment.
Vacations will be an afterthought.
Timeshare values will scrape rock bottom and then drop even lower.
If you are even debating selling your timeshare you need to move quickly and get out of that albatross before it is too late.
With unemployment so high, more and more people will be hurting. Every industry will be effected, especially vacations.
When people are given the choice between eating and making the payments on their vacation membership, eating will be the priority. When people are just simply giving up on their timeshares, values will drop like a rock. If your value drops, will you be able to sell it?
Getting the most cash you can is going to be important in the next several months. You may actually want to convert your dollars into gold in order to protect your wealth even further.
Now if you can afford to keep your vacation membership alive and well, you could benefit more than most. You still may want to get a cash offer to find out where you are.
Who knows? Maybe you can get a better deal on a timeshare than you paid for yours in the first place.