Posted on: 31st Jan, 2006 01:13 pm
Where is this timeshare loan utilized? Is this loan available from the banks?
Ho Ricky,
The timeshare loan is used in real estate investment and it has low cost. The cost of timeshare is a fraction of the annual cost based on the amount of time that is bought.
A timeshare loan gives a good opportunity to purchase the real estate at a good deal. It gives advantage to the timeshare buyer to make investments with a low price in the buyer's market and earn profit in a seller's market.
Time share loan is also utilized for investments in vacation homes. The timeshare loan is offered by private lending institutions. The bank doesn't grant loan for timeshare properties.
Regards,
Blue
The timeshare loan is used in real estate investment and it has low cost. The cost of timeshare is a fraction of the annual cost based on the amount of time that is bought.
A timeshare loan gives a good opportunity to purchase the real estate at a good deal. It gives advantage to the timeshare buyer to make investments with a low price in the buyer's market and earn profit in a seller's market.
Time share loan is also utilized for investments in vacation homes. The timeshare loan is offered by private lending institutions. The bank doesn't grant loan for timeshare properties.
Regards,
Blue
Thanks for providing the information.
Ricky
Ricky
what is timeshare loan is all about? can you pls explain me?
Hi MD,
Welcome to the forum.
The timeshare loan is a type of loan which is borrowed by an individual from any private lending institution for the purpose of purchasing a timeshare unit. Timeshare loan is a small loan with an average interest rate as this type of loan is used for a particular period of time each year. It provides the borrower a monthly repayment program and also allows him to give up the timeshare incase he fails to repay the loan. There are different types of timeshare unit. To know more on them, you may refer to http://www.mortgagefit.com/discuss/timeshare-property.html
Welcome to the forum.
The timeshare loan is a type of loan which is borrowed by an individual from any private lending institution for the purpose of purchasing a timeshare unit. Timeshare loan is a small loan with an average interest rate as this type of loan is used for a particular period of time each year. It provides the borrower a monthly repayment program and also allows him to give up the timeshare incase he fails to repay the loan. There are different types of timeshare unit. To know more on them, you may refer to http://www.mortgagefit.com/discuss/timeshare-property.html