However buyer beware: Timeshares can be a genuine difficulty to resell. Here's how to make sure you don't lose your (Hawaiian) shirt at the same time. Brace yourself: There is a secondary market for timeshare leasing and resale, however it is not robust. Unlike a vacation home, timeshares do not value in worth.

So don't enter into this deal thinking you will recoup your original financial investment. Get all of your documentation in order, including the legal files you signed when you…

If your neighbors have ever announced, "We go to the lake home every year the week after Memorial Day!" they may be on a fixed-week timeshare. Naturally, if you wish to attempt a various week of the year, you're up a creek. Changing your assigned week might take an act of Congress (or at least a significant upgrade fee). The drifting week alternative enables you to select your week within particular limitations. The deal would be something like, "You can book any week between January 2…