Fixed week and a floating week, what is the difference between them?
A timeshare could be a good option for some people, especially for big families who like to travel to the same destination for a number of weeks every year, that’s why timeshares are usually sold as a one week program.
A timeshare ownership is the right to use a property for a certain period of time, basically weeks. This system is pretty simple, you can use your timeshare property for a week every year, but not all timeshare weeks are the same, there are different plans timeshare ownership is sold, the most popular are: fixed weeks and floating weeks. As we have already seen in:
What is the difference between a fixed week and a floating week?
If you are interested in buying a timeshare, the first decision you will need to make is whether you want to purchase a fixed week or a floating week. To help you a little to make your decision, let’s see the difference between a fixed week and a floating week.
The most basic type of unit is the fixed week. In a fixed week you have the right to use your timeshare unit during a specific week of the year; this will be the same week in the same unit every year. The advantage of owning a fixed week is that you know exactly when you are going each year. But if you are not able to go during this week, you would forfeit your timeshare week without compensation.
A floating week is when you purchase a non specific timeshare week at the resort. In the floating week system you have the right to use your unit during a specified season, but you need to contact the resort to reserve the week during the float period. The advantage of owning a floating week is that if you are not able to use it during a stipulated week, you have the flexibility to choose a different date. But the downside is that the accommodations are usually reserved for those coming first, and sometimes you are not able to make a reservation or you have to wait until there is availability in the hotel.
As you can see, the type of week that you will own (fixed week or floating week) will depend on the taste of each person.
Is a timeshare ownership a good option?
Although the idea of owning a timeshare might sounds good, there are many complaints about it. These are the most common complaints about timeshares:
- Timeshares are overpriced.
- Timeshare maintenance fees highly increase every year.
- Timeshare presentations are aggressive and long lasting.
- Timeshares do not have any value on the market.
- Timeshares are very difficult to sell or to rent.
Timeshare scams in Mexico are highly increasing every year. People need to be aware at the sales pitch. If the timeshare salespeople are very aggressive and try to make you sign the contract in any way possible, they probably are trying to scam you. They will tell you everything you want to hear, but you need to read your timeshare contract very carefully. And before you buy, make sure that you will be able to use your timeshare weeks, whether a fixed week or a floating week.
How to get rid of my timeshare weeks?
If you own a fixed week or a floating week, it doesn’t matter, there is a way out. Timeshare weeks are very difficult to sell and even to rent, that’s why the best solution is to cancel the timeshare contract.
The timeshare cancellation is the most effective way to get rid of your timeshare weeks. When you cancel a timeshare, there are no further strings attached to the resort.
Mexican Timeshare Solutions is the only company that does not charge any upfront fees. Our associates have several years of experience in the timeshare help industry. Contact us for a free consultation and total relief of your timeshare weeks.
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