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Re: BUYING DEVELOPER vs RESALE (typical scenario) (by Carrie C.):

mike1536 wrote:

carriec49 wrote:

Need some help understanding this a bit better as we just got back from Orlando and a large resort timeshare presentation. They offered us a 2bath/2bedroom one for $16,999 and the other for $23,900 the difference being location. Both of these were a week we would not usually travel in because we have children but they said exchanging is no problem. Went into the whole thing about thye now are based on points. When I asked why I was seeing resales on the internet for $7,000 for the same property I was told that these are "deeded" weeks and can't be exchanged and will never be able to switch to the point system.

The 7,000K still seems high and I am seeing some even lower 2,800k but not the week we would need.

If anyone can help me understand this better it would be most appreciated.

C

================ Carrie, Could you be more specific as to the name of the resort and what type of point system it uses (RCI, Fairfield, Diamond, etc). I'm also curious as to the location difference which would demand an extra $7000. Thanks Mike

Hi Mike, It was at Orange Lake we stayed. They use RCI but they now are using a company that contacts RCI direct Global something. The east unit which we stayed in is the one they quoted the lower price. The higher price is in their new unit over at the River complex. They are building 2 more huge buildings and I just don't see how the pool/river area now can handle those 2 buildings.

If you have any tips on other time share places we should look at please let me know. We really like the idea and would like to have something while our girls are young. I know what I spend on vacations so this seems a more resonable way to go for us.

Thanks Carrie