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re:buying in Mexico (by Joseph Z.):

perditab2

judy784 wrote:

Hi, Think twice before buying a timeshare in Mexico. You cannot own the land, you can only lease the land for about 30 years. Always buy a timeshare in the United States because you own the timeshare for life and can will it to your children etc. You can always exchange and visit Casa Dorado. Think about it. and a word of advice...don't ever buy a timeshare while on vacation. You are too relaxed and a lot of times you buy on impulse. Do your homework and check the maintaince company with the Better Business Bureau. Also it is very hard to resale a timeshare and you never get your asking price...timeshare devalue in price. Good Luck, Dee Dee

While you make good points, if you know what you are getting into and can make a rational decision (i.e.; not in "vacation mode") it can make sense. I bought after staying there twice (once in the hotel wing and once renting from an owner) and then bought that owner's unit for less than 1/3 of what the developer sells the same unit for. It had 25 years of use left as opposed to lifetime ownership but it still worked out to be a great deal. Granted it would not make sense at triple the price but if you really like a particular resort there are usually deals to be had in the resale market.