Where Can I Get Information About Joining A Timeshare (6 posts)

Topic tags: timeshare
  • Profile picture of admin admin said 1 year, 1 month ago:

    Started on behalf of @johnnycanuck – who’s looking for ideas on where to start when thinking about buying a timeshare? Let’s help him out!

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  • Profile picture of L Bretto L Bretto said 1 year, 1 month ago:

    I was new to timeshare so I attended a free presentation by one of the timeshare resorts. The sales representative convinced me to buy a week per year of timeshare for $30K plus $1200 per year maintenance fee. After searching the internet and reading more about the lower prices at the website http://www.timeshareliquidationservice.com, I cancelled the timeshare I just bought from the resort. One of the brokers of the liquidation service, explained to me over the phone the advantages of buying in the secondary market versus buying from the resort (retail price). I recently bought one of their inventory listing at a much lower price, about 80% lesser than the resort price. I suggest you go to the website and read more.

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  • Profile picture of Jackie Carter Jackie Carter said 1 year, 1 month ago:

    @johnnycanuck Hi John, resale companies can be a good option, especially for a seasoned owner that wants to buy more, but it very much depends on what kind of timeshare you want and where, and if you want it for exchange more than going back to the same place all the time. The reason I say this is that many of the main brands, although available as resales, do not acknowledge many of their additional member benefits to those bought on the resale market, and in many of these cases, the additional benefits, such as priority booking at other owned resorts, preferential tee times at golf resorts and so on are often key to buying there in the first place. I’d definitely recommend visiting one or two timeshare properties before you commit and experience them for yourself – there’s plenty of places you can simply rent timeshare accommodation now, that essentially lets you try before you buy.

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  • Profile picture of jc jc said 1 year, 1 month ago:

    Now a days, many of the big timeshare developers are taking measures to assure the secondary market would not be an attractive option to posible buyers. They do so, by adapting into their newest contractual agreements, that only first time buyers get the full benefit pack and in some cases,certain developers, mostly in mexico specify that if you are a transferee, then the first visit inncentives negotiated by the first hand owner, can and will, be voided.
    Fair or not, thats the way some developers are launching their first protection bars against second hand market. Not to mention that the transfers fee, which used to be on the hundreds, are scalating in some cases to the thóusands.
    So,ir you really like a place, is always better to buy directly from developer, at least yu can fight for your rights in case something went wrong. As a second time buyer they always use against you, that the information was received oon the sales presentation, and whe you buy directly in the resort you have documentation, supporting everything was told, where in secondary market theres plenty of empty spaces.

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  • Profile picture of Robert Robert said 1 year, 1 month ago:

    I think that it’s certainly true that many of the resorts are creating new products to get new agreements, but these are products that usually just reinventions of the old ones, and not only are there are few sweetners thrown in to deter buying on resale, but they also wrap up rentals by insisting you use their own rental programs. This is very unfair as how do you you determine your place is being marketed sufficiently. It’s not enough just to put it on their website and hope for the best. What if you want to rent it out to family and friends and how do you prove that they are “friends”. I tend to think that this may be unfair terms in contracts, which would be a breach of legislation at least in the EU community. Resale of Timeshares can be found on Ebay and on http://www.holidayauctions.org.uk (an Ebay for Holidays), but much lower costs. Some companies also try to use other angles to deny the transfer of ownership, under the guise that the new owner would not be fit for membership/ownership. If this could be proven, this too could be a breach in law and I think it needs a test case to prove. I’m not sure if all the answers on this topic are truly independent, but my experience is that there is no detriment, nor should there be, if you don’t buy direct from the company who owns the products.

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  • Profile picture of CC Beasley CC Beasley said 11 months ago:

    I agree with most of these comments. I am on my second trial of deeded ownership of a timeshare resort unit or week as we say. I backed out of the first one because of the limitations I found in their small print, that print pressure sale does not give you the time to read. Research your visits, so that you are clear on what you want. Now I bought one and went to buy a second on the resale market at the same resort. I ask the owner about the banking point system and they never got back to me. So buying second hand requires upfront questioning on your rights and priv’s at the resort. Some resorts have several levels of membership and New to old contracts. So make sure which contract goes with which sale. I went direct so I now somewhat up front what is and is not, but still found somw small print that I which I had of taken the time to really key in on. Overall, I am glad we did our research up front for as much Info that is there. There will all ways be info you will not get until the presentation. And there is always cost hidden in words so be real clear on what you expect to get before you sign. By all means read everything that night…Please. I had an alternative motive for my purchase so I was a little sloppy, but still got my objective with a few heade aches.

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