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Interested in Timeshares (by R P.):

rosem108 wrote:

I have been doing a lot of research regarding timeshares - but still unsure of what to do.

I am trying to decide if it would make more sense to rent from someone else or to buy. I don't personnaly want to go back to the same place year after year (I may use a few times), but essentially would liek to use a timeshare to exchange for other timeshares. I am not sure if that would benefit me cost wise - or if it would be cheaper to go about renting on places like Redweek, etc.

I agree with MD above. I would never buy strictly to exchange as you may be sorely disappointed in the trade power of whatever you buy.

When you buy a timeshare, you are then responsible for all financial obligations (maintenance fees, special assessments, etc) forever or until you sell it (which it's much easier to buy than to sell) and fees related to exchange companies seem to go up every year.

However, when and/or if you ever decide to buy I would research all the point systems out there and especially those point systems that permit you to trade within while bypassing the major two exchange companies (RCI and II).

There's a points system forum here on Redweek.