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timeshare offered to me for free...good deal? sorry new here

As Ken stated, it's a personal decision only you can answer. BUT, be aware that once you take ownership of those points, you will then be responsible for yearly maintenance fees (that will probably go up) until the ownership is transferred out of your name. It's much easier to buy a timeshare or points than to sell a timeshare or points, ESPECIALLY in this economy. I also agree that you can rent for $900 (or less) without the hassels of ongoing ownership. If you're mainly interested in the Orlando area .... there are more timeshare resorts in that area than any other place on earth .... check out the rentals here.