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Re: Re: WALK AWAY FROM TIMESHARE (by KC):
danl33 wrote:You'd think that after all these years of negative press, horror stories, worry about your credit score, etc., etc. people would finally wise up and avoid ALL timeshare presentations, no matter what enticements they may offer at the resort. I know that some of you will say my timeshare purchase has worked out great for me and my family. Good for you. But for every satisfied customer there's probably 10 times or more that regret that decision with every fibre of their being. Simple, basic advice. DO NOT get involved with timeshare. It will haunt you for years, decades, maybe the rest of your life.
I do not disagree with most of the above comments or observations. I will note however that in the acquisition of any timeshare, there is certainly a world of difference between someone falling for absurdly overpriced “developer direct” prices (and their offensively aggressive sales “presentations”) vs. a cheap (or sometimes even free) acquisition on the “resale” market, with no hungry, deceitful timeshare sales hyenas involved in any way). Regardless of the means by which acquired, all timeshares of course still have ever-increasing maintenance fee obligations.
It is an undeniable fact that timeshares are very easy to acquire, but usually very difficult to “shed” and the commitment of ownership must be fully understood as being a legally binding contract and a long term commitment; certainly NOT a good choice for everyone. Those timeshare owners who paid top dollar by purchasing developer-direct (and grossly overpaid in doing so) are frequently and understandably bittter and angry when they discover later that they could have acquired the exact same "product" on the resale market for just a tiny fraction of what they unwisely paid to the developer.
Timeshare can be a quagmire that is difficult to navigate successfully; it is certainly NOT for everyone. YMMV; to each their own.