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Re: Buying timeshares (even resale) (by Cheryl S.):
Over the years my husband and I found that we tended to rent timeshares for the space and leaned toward Hilton and/or Marriott properties. We listened to other folks who purchased time shares and the horror stories of not being able to exchange their points or scrambling to use there points because they would lose them etc. We attended several time share presentations over a two year period and carefully learned how each Resort worked their points, exchanges, RCI and II. As a result we bought a Hilton property for 1/4 of the going rate for a 2 bedroom, 2 bath property in Florida in a platinum time frame ever the internet. I researched both the realty company and obtained my own title company for the sale. Our yearly maintenace fee is $600.00. When we take our grandchildren to Disney World we stay at our home resort. However, most years we split our time and take two weeks vacation in sunny locations such as Los Cabos or the Carribean. Whatever you buy you should never pay full price, you need to fully understand how the system works. Sometimes this means putting some effort into planning. However, we have had 5 star vacations every year without the 5 star price! At this point we could sell our time share for what we paid for it. So if you ask was it worth it - I say yes!