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Original Message:
Re: Buying timeshares (even resale) (by Mary D.):
Maddy wrote:
Also we have an opportunity to by a 2Bd/2Ba @ Cliffs @ Peace Canyon in Las Vegas with 38,500 RCI points. The cost is $1200 (including closing,registration with RCI points) with annual maint/taxes of $446.00. We are able to fly to Vegas for considerably less than Orlando and enjoy getting away in the winter for a break. After reading the comments of the glut of TS in Vegas and Orlando and negative implications we are gratefully anticipating your knowledgeable comments. We are new to TS and only wished we had learned of Redweek sooner. Our offers sounded great to us, are we correct? What pitfalls have we not counted on? Is the Cliffs due for a heavy assessment fee? The maint.fees are so low we thought it seemed like an opportunity. Thanks in advance. Maddy
======= The price for Peace Canyon certainly seems reasonable. RCI gives it a Gold Crown rating. Vegas had the advantage of hardly ever getting hit by a hurricane and the property taxes are low to nil. This keeps maintenance fees reasonable. It is also immune to sharp ups and downs is usage during the calendar year. If you like to go there, why not go for it?
Orlando is far enough inland to miss the worst of hurricane seasons, but like the rest of Florida, it has a rising state property tax which will probably be billed in addition to your maintenance fee. You mention being able to use other Orange Lake properties. Guess I was unaware of these. What over-all name do they use? Mary