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Re: Huge Difference Between Purchase and Resale (by KC):

Orvillef2 has stated, in pertinent part:

>>I believe this is a great time to purchase timeshares secondhand. <<

Agreed. The number (literally thousands) of timeshares for sale for peanuts money is absolutely astounding to me. Some folks are begging (some even PAYING) to GIVE their timeshares away, just to be rid of them. <<

Re: >> I believe the prices will rise and I believe people will begin competing to rent from owners. Everything takes time, but knowledge and the internet makes for some very fast progression. <<

You may very well be right, I don't begin to claim to know. I just don't yet see any sign or evidence of this turnaround being anywhere in sight on the visible horizon.

Re: >> I would never look at timeshares as an investment, however, looking back, I can say that the best time to get the best buys in anything is when they are out of favor.<<

Sure, no disagreement there.

Re: >> Or do you feel that people will prefer staying at hotels, or that there will be too many vacation properties to fill, maybe less people will want to vacation? <<

People will ALWAYS want to vacation. I clearly and openly stated that (perhaps obvious) fact in my initial response to your post. I only questioned the basis of your contention that this is just a "whiplash" period for timeshare. Believe me when I tell you that I sincerely hope that you are absolutely correct; my only point was (and remains) that I just don't yet see any actual evidence to support that view.

Re: >> My thought is.. If the price is right and the location is desireable and you plan to vacation anyhow, buy now when you're not competing with everyone else. At least you'll know that when you want to go you'll have a place to go to. That must be worth something?<<

Absolutely! That's not a point with which I would disagree, now or at any time previously.