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I recently went thru the sales presentation for the Westin Villas North due to open this summer. It seems that the value is mostly in the extra points that come with the purchase (80,000/yr). What are the advantages of purchasing from the developer other than paying a premium for the points as compared to buying on the secondary market at a reduced price without the points? Are the points really worth the extra $35,000 to $40,000? The resale value of timeshares seems to depreciate over time like a vehicle does instead of appreciating like a real estate should. Based on many reviews, it doesn't really seem like having title to the real estate makes a difference in the property valuation. Having said that, it seems that by the time interest is paid on the mortgage and maintenance fees are paid, someone could enjoy a very luxurious vacation without having to pay for it in advance (down payment). Am I missing something here? It would be interesting to get replies from owner having bought from developer and those who purchased on secondary market. Thank you.