My timeshare experience.

[pacergal]

My folks had a couple of timeshares. When their health declined and they stopped traveling, and none of us kids wanted them, he was able to sell them (luckily) for a good price.

 

[PandaBear]

I am a Tugger. We own two timeshares, purchased resale. One is in Pacific Beach, in San Diego, right on the beach. The other is a block away from the beach in Oceanside, CA. We’ve gotten great trades all these years, likely because our locations are popular. Once we retire, we will use our San Diego timeshare and never trade....we adore it.

My mom has 4 timeshares. I’m guessing two will go back to the resort when she’s gone and my brother and I will each take one.

 

[ychuck46]

Works well for hs

We have been in the Wyndham points system for eight years after owning two weeks at a TS in the RCI system for about 30 years. We have a reasonable # of points that we bought direct from Wyndham and tend to travel during the off-season when we get discounted point stays. Use it as a second home without the hassles of maintaining another home on the ocean. Currently traveling 4-5 months out of the year including 3 months straight every winter where we stay in an oceanfront unit.

Do TSs work for us? Definitely, and we love the Wyndham places. Should we have bought everything retail? No, and if we ever decide to go "homeless" and travel year-round, any additional buys will be resale since we already have the highest status with Wyndham.

 

[ivinsfan]

We have been in the Wyndham points system for eight years after owning two weeks at a TS in the RCI system for about 30 years. We have a reasonable # of points that we bought direct from Wyndham and tend to travel during the off-season when we get discounted point stays. Use it as a second home without the hassles of maintaining another home on the ocean. Currently traveling 4-5 months out of the year including 3 months straight every winter where we stay in an oceanfront unit.

Do TSs work for us? Definitely, and we love the Wyndham places. Should we have bought everything retail? No, and if we ever decide to go "homeless" and travel year-round, any additional buys will be resale since we already have the highest status with Wyndham.

How would you get discounted stay on oceanfront in the winter time? I can tell you are a timeshare buff but you have no price per night, or maintence fee number and make it seem too good to be true. Thrown in the fact you paid retail and I'm kind of left wondering about the costs of things...during that 3 months how many do you have to move resorts and or units?

 

[ychuck46]

How would you get discounted stay on oceanfront in the winter time? I can tell you are a timeshare buff but you have no price per night, or maintence fee number and make it seem too good to be true. Thrown in the fact you paid retail and I'm kind of left wondering about the costs of things...during that 3 months how many do you have to move resorts and or units?

Easy to get discounted stays during the wintertime if you don't go to South Florida. We stay in Myrtle Beach and while it is not as warm as FL we still have lots of nice weather. The winter is the off-season here so the only week I can't get 1/2 points on is Christmas. The folks here know us well and insure we stay in the same 2 Bdrm oceanfront condo for the whole three months so we never have to move at all.

I don't like to talk financials much but with the amount of points we have with Wyndham (1.5M) it was not an insignificant amount to purchase. Our maintenance is the lowest in the Wyndham system since we made sure we are deeded to a very low cost resort not on the ocean. Those are currently about $6K per year, and for that we get 4-5 months of living on the ocean, or a week here and there in New Orleans, Sevierville TN, or some of our other favorite places.

When the sales folks try to upsell us at the "update" meetings they have a lot of difficulty coming up with anything since the contracts we have structured, as well as are low maintenance costs, are hard to argue with. They basically try to sell us more points which are unneeded at this point.

 

[ivinsfan]

Easy to get discounted stays during the wintertime if you don't go to South Florida. We stay in Myrtle Beach and while it is not as warm as FL we still have lots of nice weather. The winter is the off-season here so the only week I can't get 1/2 points on is Christmas. The folks here know us well and insure we stay in the same 2 Bdrm oceanfront condo for the whole three months so we never have to move at all.

I don't like to talk financials much but with the amount of points we have with Wyndham (1.5M) it was not an insignificant amount to purchase. Our maintenance is the lowest in the Wyndham system since we made sure we are deeded to a very low cost resort not on the ocean. Those are currently about $6K per year, and for that we get 4-5 months of living on the ocean, or a week here and there in New Orleans, Sevierville TN, or some of our other favorite places.

When the sales folks try to upsell us at the "update" meetings they have a lot of difficulty coming up with anything since the contracts we have structured, as well as are low maintenance costs, are hard to argue with. They basically try to sell us more points which are unneeded at this point.

Nice we did a month off season in Virginia Beach it was a VRBO rental it is all location dependent. The constant moving that you have to do in some timeshares is a real pain.

 

[PaddyMac]

Being self-employed, when we bought our timeshare 30 years ago it was like having a forced vacation in Palm Desert (or Hawaii or wherever we traded to). The maintenance fee has gone up very slowly; we currently pay $800 a year for a week and own in Palm Desert. It was easier when we lived in CA, but in NM there are fewer resorts we can drive to so easily (or fly to so easily), so we usually go to Sedona or Angel Fire.

The management company has been offering each year that if you "bank" your week quickly you get one or two "bonus" weeks (this year it's two). Bonus weeks can only be exchanged 45 days in advance, but we've used them to pick up cheap holidays on the fly. There's a fee to book the bonus week, but sometimes we upgrade to a large cabin so we can bring a single mom friend with two kids who can't afford hotels.

So overall, we've been very pleased with the value and have never regretted owning it. The rooms are large, and we love the feeling of a "home away from home". I don't relax as much in a hotel, and hate having to get dressed for breakfast or not having a kitchen to use. I also don't like having a housekeeper in every day - we like our privacy.

I can understand why some people don't like the ongoing fees, but $800 a year, plus $200 to exchange for a different resort, for a lovely one-bedroom suite with kitchen seems good value to us. And for the past few years we've been banking so many bonus weeks that we can't even use them all.

I would prefer to be on a points system, for more flexibility, and we do have the option to switch to RCI Points. We might end up either getting a second week or buying a small RV. Not sure, but hope to have more vacation time in the future!

 

[Huston55]

Easy to get discounted stays during the wintertime if you don't go to South Florida. We stay in Myrtle Beach and while it is not as warm as FL we still have lots of nice weather. The winter is the off-season here so the only week I can't get 1/2 points on is Christmas. The folks here know us well and insure we stay in the same 2 Bdrm oceanfront condo for the whole three months so we never have to move at all.

I don't like to talk financials much but with the amount of points we have with Wyndham (1.5M) it was not an insignificant amount to purchase. Our maintenance is the lowest in the Wyndham system since we made sure we are deeded to a very low cost resort not on the ocean. Those are currently about $6K per year, and for that we get 4-5 months of living on the ocean, or a week here and there in New Orleans, Sevierville TN, or some of our other favorite places.

When the sales folks try to upsell us at the "update" meetings they have a lot of difficulty coming up with anything since the contracts we have structured, as well as are low maintenance costs, are hard to argue with. They basically try to sell us more points which are unneeded at this point.

WADR, of course you can. It’s the Carolina Coast in the winter. Not judging your vacation lifestyle; it seems to work for you. But, the numbers for a TS purchase are not compelling.

For example, you pay $6k/yr maintain fees for 4-5 mos; that equates to $40-$50/nt for a 2BR/2BA winter oceanfront in MB. I can match or beat that cost (VRBO, Airbnb, etc) any time. And, if it’s just two people, perhaps with occasional sleepover visitors, I can get a big 1BR/1BA w/ a sleeper couch for ~$25/nt (I have a buddy who used to do this in MB with his wife every winter, at about that price). On top of the annual maintenance fees is the cost of your original TS purchase. I don’t know, or even really need to know, how much you paid per Wyndham point. However, any comparison must include the purchase cost, which seems to range from ~$0.15/pt (retail) to ~$0.01 (resale). This means the cost of your original TS purchase of 1.5M points ($15k-$225k), exclusive of Maint fees & any other fees (exchange, etc), has been ~$20K-$300k over 10 yrs @ 3%.

I just can’t get it to work financially, even excluding the other restrictions that come with TSs. However, you seem to have really enjoyed it and I’m happy for you.

PS: you live in a great place! (Crossville, TN) DW & I relocated from near there 4 yrs ago & we loved Eastern TN living.

 

[capjak]

I just can’t get it to work financially, even excluding the other restrictions that come with TSs. However, you seem to have really enjoyed it and I’m happy for you.

.

All expenses in TS year round at $3,000 does not sound too bad....

"We'll share with you how we retired and are traveling cheap, eating well, and living in beautiful resorts with a targeted budget of less than $3,000 per month."

"We put our belongings in storage, rented out our house, loaded up our Toyota Prius, and we are traveling across the U.S., and eventually through Europe, timeshare to timeshare full time. At the resort get togethers we are asked, "Where are you from?" Edie says, "We're homeless." When we tell our story, they seem intensely interested and ask many questions. Some say they want to do it too. In this website we will disclose everything we are learning and discovering, how much we are spending, hits and misses, good and bad. Keep in mind we are learning as we go."

https://www.fulltimetimeshare.com

 

[youbet]

City tax dollars going toward the rental police what next? It seems no misdeed is to small it attract the governments attention. I fail to see how renting your home to someone when you aren't using it causes your neighbors a problem.

Like all zoning laws, the short term rental regulations are meant to promote an ambience and lifestyle preferred by full time resident owners. I'm sure there are some instances where a series of short term renters would be just as desirable as having the same long term neighbor. But, for my money, I wouldn't want to take the chance and I'm a fan of our town's rules in that regard.

We do have two homes across the street from us that are occupied by long term renters, and so far that's been fine. But having neighbors coming and going on a daily or weekly basis seems to be asking for issues.

Just MHO.

 

[capjak]

How would you get discounted stay on oceanfront in the winter time? I can tell you are a timeshare buff but you have no price per night, or maintence fee number and make it seem too good to be true. Thrown in the fact you paid retail and I'm kind of left wondering about the costs of things...during that 3 months how many do you have to move resorts and or units?

If you purchase a timeshare where they give you a $200 gift card to take it (there are some on ebay where you get $200 plus and/or free usage the first year) you can join an exchange company that will sale weekly stays of excess inventory at reduced prices. For Myrtle beach right now through march in what some believe is one of the nicest resorts you can purchase as many of these 2 bedrooms as your want and stay there weekly through the winter months.

2 BEDROOM WEEKLY PRICES FOR PLATINUM MEMBER (REGULAR MEMBERS PAY $50 MORE PER WEEK).



Marriott's OceanWatch Villas@Grand Dunes
Myrtle Beach , SC , USA

Jan 04 2019 - Jan 11 2019$337.00

Jan 06 2019 - Jan 13 2019 $337.00

Jan 13 2019 - Jan 20 2019 $337.00

Jan 20 2019 - Jan 27 2019 $427.00

Jan 25 2019 - Feb 01 2019 $327.00

Jan 26 2019 - Feb 02 2019$327.00

Jan 27 2019 - Feb 03 2019$327.00

Feb 02 2019 - Feb 09 2019$347.00

Feb 03 2019 - Feb 10 2019$347.00

Feb 08 2019 - Feb 15 2019
$347.00

Feb 09 2019 - Feb 16 2019
$347.00

Feb 10 2019 - Feb 17 2019 $347.00

Feb 15 2019 - Feb 22 2019
$507.00

Feb 16 2019 - Feb 23 2019
$507.00

Feb 17 2019 - Feb 24 2019
$507.00

Feb 22 2019 - Mar 01 2019
$447.00

Feb 24 2019 - Mar 03 2019
$447.00

Mar 01 2019 - Mar 08 2019
$447.00

Mar 02 2019 - Mar 09 2019
$447.00

Mar 03 2019 - Mar 10 2019
$447.00

Mar 15 2019 - Mar 22 2019
$497.00

Mar 16 2019 - Mar 23 2019
$497.00

Mar 17 2019 - Mar 24 2019
$497.00

Mar 22 2019 - Mar 29 2019
$547.00

Mar 24 2019 - Mar 31 2019
$547.00

 

[Huston55]

I just can’t get it to work financially, even excluding the other restrictions that come with TSs. However, you seem to have really enjoyed it and I’m happy for you.

All expenses in TS year round at $3,000 does not sound too bad....

"We'll share with you how we retired and are traveling cheap, eating well, and living in beautiful resorts with a targeted budget of less than $3,000 per month."

"We put our belongings in storage, rented out our house, loaded up our Toyota Prius, and we are traveling across the U.S., and eventually through Europe, timeshare to timeshare full time. At the resort get togethers we are asked, "Where are you from?" Edie says, "We're homeless." When we tell our story, they seem intensely interested and ask many questions. Some say they want to do it too. In this website we will disclose everything we are learning and discovering, how much we are spending, hits and misses, good and bad. Keep in mind we are learning as we go."

https://www.fulltimetimeshare.com

Too funny!

I’ve read your blog (as part of research several years ago but, that’s another story), and I never made the connection to your E-R persona...until now. I found your blog fascinating, and almost included an indirect reference to your lifestyle in my post above. But, I view your TS experience as a ‘lifestyle’ choice versus a ‘vacation’ choice, if that makes sense.

 

[youbet]

I also agree however if I tried to vacation as often as we do with the same type of accommodations we have paid for the timeshare a few times over.



I just looked and we've used the TS 58 times (maybe 300 days?) in the last 10 years.

So far I've read what seem to be honest and accurate accountings of owning TS experiences. Some are positive and some are negative, typical of any informal survey where outcomes vary and evidence and examples are anecdotal.

Where did you want to go with this SmallCityDave and what is your point?

Just curious.

 

[capjak]

I prefer something warmer like Mexico, of course a lot of people are concerned over safety there so that could be an issue. These are mostly studios (0=studio, 1=1 bedroom, 2= 2 bedroom)
The Grand Mayan Nuevo Vallarta
Nuevo Vallarta, Nayarit , NA , MEXICO
MY2

Jan 11 2019 - Jan 18 2019
0 2 2
$449.00 $424.00 $399.00

Jan 13 2019 - Jan 20 2019
0 2 2
$449.00 $424.00 $399.00

Jan 18 2019 - Jan 25 2019
0 2 2
$449.00 $424.00 $399.00

Jan 20 2019 - Jan 27 2019
0 2 2
$449.00 $424.00 $399.00

Jan 25 2019 - Feb 01 2019
0 2 2
$449.00 $424.00 $399.00

Jan 27 2019 - Feb 03 2019
0 2 2
$449.00 $424.00 $399.00

Feb 01 2019 - Feb 08 2019
0 2 2
$449.00 $424.00 $399.00

Feb 02 2019 - Feb 09 2019
0 2 2
$449.00 $424.00 $399.00

Feb 03 2019 - Feb 10 2019
0 2 2
$449.00 $424.00 $399.00

Feb 08 2019 - Feb 15 2019
0 2 2
$449.00 $424.00 $399.00

Feb 09 2019 - Feb 16 2019
0 2 2
$449.00 $424.00 $399.00

Feb 10 2019 - Feb 17 2019
0 2 2
$449.00 $424.00 $399.00

Feb 17 2019 - Feb 24 2019
0 2 2
$499.00 $474.00 $449.00

Feb 22 2019 - Mar 01 2019
0 2 2
$559.00 $534.00 $509.00

Feb 23 2019 - Mar 02 2019
0 2 2
$559.00 $534.00 $509.00

Feb 24 2019 - Mar 03 2019
0 2 2
$559.00 $534.00 $509.00

Mar 01 2019 - Mar 08 2019
0 2 2
$559.00 $534.00 $509.00

Mar 02 2019 - Mar 09 2019
0 2 2
$559.00 $534.00 $509.00

Mar 03 2019 - Mar 10 2019
0 2 2
$559.00 $534.00 $509.00

Mar 08 2019 - Mar 15 2019
0 2 2
$559.00 $534.00 $509.00

Mar 09 2019 - Mar 16 2019
0 2 2
$559.00 $534.00 $509.00

Mar 10 2019 - Mar 17 2019
0 2 2
$559.00 $534.00 $509.00

Mar 15 2019 - Mar 22 2019
0 2 2
$559.00 $534.00 $509.00

Mar 15 2019 - Mar 22 2019
1 2 4

$699.00 $674.00 $649.00

Mar 15 2019 - Mar 22 2019
2 4 6

$999.00 $974.00 $949.00

Mar 16 2019 - Mar 23 2019
0 2 2
$559.00 $534.00 $509.00

Mar 16 2019 - Mar 23 2019
1 2 4

$699.00 $674.00 $649.00

Mar 17 2019 - Mar 24 2019
0 2 2
$559.00 $534.00 $509.00

Mar 17 2019 - Mar 24 2019
1 2 4

$699.00 $674.00 $649.00

Mar 17 2019 - Mar 24 2019
2 4 6

$999.00 $974.00 $949.00

Mar 22 2019 - Mar 29 2019
0 2 2
$559.00 $534.00 $509.00

Mar 23 2019 - Mar 30 2019
0 2 2
$559.00 $534.00 $509.00

Mar 24 2019 - Mar 31 2019
0 2 2
$559.00 $534.00 $509.00

Mar 29 2019 - Apr 05 2019
0 2 2
$559.00 $534.00 $509.00

Mar 29 2019 - Apr 05 2019
1 2 4

$699.00 $674.00 $649.00

Mar 29 2019 - Apr 05 2019
2 4 6

$999.00 $974.00 $949.00

Mar 30 2019 - Apr 06 2019
0 2 2
$559.00 $534.00 $509.00

Mar 31 2019 - Apr 07 2019
0 2 2
$559.00 $534.00 $509.00

Mar 31 2019 - Apr 07 2019
1 2 4

 

[capjak]

Too funny!

I’ve read your blog (as part of research several years ago but, that’s another story), and I never made the connection to your E-R persona...until now. I found your blog fascinating, and almost included an indirect reference to your lifestyle in my post above. But, I view your TS experience as a ‘lifestyle’ choice versus a ‘vacation’ choice, if that makes sense.

It's not me/us, it would be fun however. Timeshare are a hobby of mine and these folks are living pretty good as retirees and traveling all over.

There are really very little restrictions to timesharing, and of course just because you own one does not mean you can not pay cash to do something else...Most timeshare's resale hold their value and many can be purchased for less than $1,000, heck some pay you to get rid of them...but those are not the ones I want....

Timeshares are a way to vacation in high end resorts with 2 bedrooms/washer/dryer/kitchen for the cost of a high end hotel.

 

[SmallCityDave]

So far I've read what seem to be honest and accurate accountings of owning TS experiences. Some are positive and some are negative, typical of any informal survey where outcomes vary and evidence and examples are anecdotal.

Where did you want to go with this SmallCityDave and what is your point?

Just curious.

Most TS threads are negative I thought I'd share my experience and see if anyone was in the same boat, no real point.

 

[pb4uski]

I wonder how the new private home rental law changes in Tahoe will affect time shares?

Essentially, no one can rent their home out in Tahoe any more unless it's for 30 days or longer. We used to rent a place every Thanksgiving for all our family. We live in the area and it was much easier on us just to rent them all one house they could stay at instead of OURS! Probably the main reason the law was passed. Ha!

If the property would otherwise be vacant, you could rent it for 30 days for the price of a week rental and have a gentleman's agreement with the landlord that you'll only use it for the one week.

We have a friend that does that with a seasonal... he pays the going rate for the 3 months that he uses it but the lease term is 6 months... avoids rooms tax or something like that.

 

[meleana]

I love our timeshares. Owned at Smugglers Notch in Vermont since 1999. Paid $32,000 for two weeks- 1 fixed summer week/unit and 1 floating week (preassigned each year by the resort- off season). We have gone every single year. We used the floater to exchange all over the country. We now use the floater also at the resort as our son is a man now and we love the off seasons- Fall and Spring.


Because we have owned a long time it has more than paid for itself, even taking the maintenance fees into consideration. Yes- the maintenance fees have gone up but still a good value for us imo. They are a bit over $900 per week. We have use of a 2 bedroom 2 bath unit with a beautiful view and nice amenities, like a fireplace, heated pool and clubhouse and gym. Not to mention all the activites the resort has to offer.To us, it is our second home. Our grown son is still sentimental about it and he still visits with us when we are there.


A few years ago we also were able to acquire a timeshare at Innseason Pollard Brook in New Hampshire where our son lives- through Timeshare Nation. It is the week (fixed also) following the one fixed we own at Smugglers Notch and just a 2 hour drive from there. So now we have 2 consecutive weeks in summer. We did not pay a single dime for thius timeshare and actually got the first years' usage for free (of maintenance fees) as well. Maintenance fees are a bit over $800 for the week. It is 2 bedroom, 2 bath loft- almost like a 3 bedroom because of the loft area with beds.


I might add these our within a 6 hour drive from our home in NY, so no airfare. Even the fixed weeks we can exchange to go elsewhere if we want to, but we never do. We will usually rent an additional vacation if we want to go somewhere else during the year, like through Home Away or another timeshare owner or directly from a resort, or Trip Beat or Sky Auction. We can also swap with other owners and it costs nothing to do so.


We like having a condo with a kitchen as if saves us a lot of money since we can eat in. Not to mention all the room.


Without our timeshares we never would have gone on so many vacations. Owning them makes us go on vacation.


We never switched to a points system. We don't like the idea of points and being tied into one exchange company. We used to belong to RCI but their membership and exchange fees kept going up. Plus we rarely exchange anymore.



When we do we use the small independent exchange companies which are free to join and have lower exchange fees.And I can search several of them at once and I also do not have to deposit my week first before I can search. But it is rare we exchange anyway.


We love our regular deeded weeks because we just show up instead of like points owners who have to book their own week/unit every year or play the exchange game, which gets more difficult each year with no guarantees you will get something your want, and pay the fees to be in the points systems.


PS When the time comes that we can no longer use them we will try to just give them away. Smugglers Notch does have a take back program that they do each year. They pick and choose which ones to take back. Some are put on waiting lists. Costs the owner nothing. Just sign papers.

 

[kcowan]

FIL bought a TS oceanfront and sleeps 11 for $14000 per week in 1983. 7 pools and 6 tennis courts, 21 acres of coconut palms, restaurant. After 25 years, we sold all 3 weeks with only 5 years to go for $5000. It was a great experience just not a great "investment".

 

[SumDay]

FIL bought a TS oceanfront and sleeps 11 for $14000 per week in 1983. 7 pools and 6 tennis courts, 21 acres of coconut palms, restaurant. After 25 years, we sold all 3 weeks with only 5 years to go for $5000. It was a great experience just not a great "investment".[/QUOTE]


But what price can you put on the memories made there? That's how I rationalize it. Our kids have such great memories of those lazy, lakefront weeks.

 

[ychuck46]

I agree (to a certain extent)

WADR, of course you can. It’s the Carolina Coast in the winter. Not judging your vacation lifestyle; it seems to work for you. But, the numbers for a TS purchase are not compelling.

For example, you pay $6k/yr maintain fees for 4-5 mos; that equates to $40-$50/nt for a 2BR/2BA winter oceanfront in MB. I can match or beat that cost (VRBO, Airbnb, etc) any time. And, if it’s just two people, perhaps with occasional sleepover visitors, I can get a big 1BR/1BA w/ a sleeper couch for ~$25/nt (I have a buddy who used to do this in MB with his wife every winter, at about that price). On top of the annual maintenance fees is the cost of your original TS purchase. I don’t know, or even really need to know, how much you paid per Wyndham point. However, any comparison must include the purchase cost, which seems to range from ~$0.15/pt (retail) to ~$0.01 (resale). This means the cost of your original TS purchase of 1.5M points ($15k-$225k), exclusive of Maint fees & any other fees (exchange, etc), has been ~$20K-$300k over 10 yrs @ 3%.

I just can’t get it to work financially, even excluding the other restrictions that come with TSs. However, you seem to have really enjoyed it and I’m happy for you.

PS: you live in a great place! (Crossville, TN) DW & I relocated from near there 4 yrs ago & we loved Eastern TN living.

I will be the first to agree that one can find good deals outside the TS environment. In fact, my wife and I talk about going "homeless" and if we do it will be through a combination of TSs, rental homes, and the occasional hotel stay. So we are in total agreement on the bottom line, IF you buy retail (which we unfortunately did).

But there is an intangible aspect to many TS situations. I find that people that have bought TSs actually take vacations, likely due to that upfront cost and wanting to get ones "monies worth". If we hadn't gotten into our original TSs 30 years ago my family would not have gone as often as we did, to the detriment of all of us. I would have kept my nose to the grindstone at work and regretted it later in life.

Thanks for the comments on Crossville and TN. We moved there from the high cost North 8+ years ago and absolutely love it. Hopefully you will make it back someday.

Have a great end of 2018, my friend, and an equally great 2019.

 

[Retiree_Having_Fun]

I find that people that have bought TSs actually take vacations, likely due to that upfront cost and wanting to get ones "monies worth".

I have a friend that worked 2 jobs and said he never would have gone on vacation without being locked into a TS. So it worked for him. Financially, he said it was a disaster.

 

[Cassius King]

I'm a TS newb. Am I reading some of these numbers correctly? The TS is bought up front, then maintenance fee's are charged there on?
So for example, pay $20k for the timeshare and it costs $800 a week for maintenance every week you use it for perpetuity? For the TS owner and the other owners of the unit, that's $41,600 a year in maintenance fee's PER UNIT?!
If the maintenance fee's are ~$950 a week, and it's a 20 condo unit, then that's close to $1m in maintenance fee's for the complex.
What in the world are in these maintenance fee's?

 

[youbet]

Most TS threads are negative

The timeshare threads I've read on this forum are only negative in that some posters share bad experiences and point out that there are risks and downsides. Immediately, others speak up with anecdotal examples of how they're partying big time for pennies thanks to their timeshare ownership. I was hoping your thread would give some actionable nuts and bolts info regarding how to work the timeshare system successfully.

I thought I'd share my experience and see if anyone was in the same boat, no real point.

OK. Well, your thread is consistent with previous threads then. Folks who enjoy that type of vacation and who got excellent deals with solid, reputable companies are having positive experiences. Folks whose personal leisure time tastes change or perhaps weren't a good fit for time-sharing from the get-go, and especially if they were sold a bill of goods by a high pressure bag-dragger, are less happy.

That pretty much sum it up?

 

[ivinsfan]

Live world update today since I just booked my 30 day snowbird rental. Southern Utah town we know and enjoy villa built in 2016. 2700 sf 4 bed, including two masters one up and one down. two patios. Sitting on the 18th hole of a premier golf course with complete access to clubhouse heated pool, tennis courts et al...wifi, cable the whole nine yards.


All in cost 2768.00...or 92 dollars a day....644 dollars a week. Don't have to move my stuff, pay any maintence fees, no original OOP cost for "ownership" ...