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Re: Buying Timeshare?

[Q=margd9] Thanks for your feedback, good food for thought. We have been researching and our thoughts are that Hawaii (Honolulu) is a popular place and timeshare weeks are in demand for trading (I suppose we would pay a premium for this) We like to travel overseas every second year therefore we could trade our weeks for other countries ie Europe and other parts of US, there is also Wyndham in Australia to enable us to use our weeks here. Are we correct in assuming this will all work???[/Q] Be aware that trading for where you want to go and the timeframe you prefer is NOT guaranteed (depends on supply and demand). If you prefer popular locations at popular times you will need to deposit your week well in advance (some people deposit a year in advance) and start a search. It looks like you really need to research timesharing backwards and forwards and inside and out before making a decision. When we were into timesharing there were no point systems (only deeded and floating weeks). Now, there are so many different point systems out there that it blows my mind to even think about researching all of them. As someone else stated, if you can rent for somewhere close to maintenance fees then renting is the way to go as owning will be an albatross around your neck forever or until your week or points are sold along with ever increasing yearly maintenance fees. Also, in this bad economy Hawaii is not as popular as it once was due to the cost of flying (and standing in long lines to go through security), rental car etc.