Some natural disasters like flood and hurricane depreciates the value of the timeshare property. Most new timeshares depreciate in value by thousands of dollars the minute you buy them. Other costs that go with timeshare purchase are taxes, closing fees and the salesman's commission.

With some of the advantages experienced by the owners, these timeshare units are resold for pennies usually half the original price by people desperate to dump a timeshare they can’t use.

Timeshare ownership has contracts that the owner might be locked into. Most timeshare resorts do not want you selling or renting your unit. With this, some timeshare contracts may stipulate that you can’t rent, exchange or sell your place for a certain period of the year or for a number of years. Moreover, your vacation schedule is not flexible. You may not be able to exchange your timeshare and be stuck having to visit it every year if you do not have a popular time of year or location.

The overall concept of timesharing is like a prepaid vacation. You will lose your opportunity to vacation if you can’t prepay them. The timeshare owner must pay upfront fees and also pay fees on time. Or you can seek for timeshare relief when the time comes that you can already do so.