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Re: Buying a timeshare to exchange in RCI (by Robert M.):

Just personal notes on the positives & negatives of ownership: Positives - Assuming you might use the time at your home resort - book as early as possible if a floating week. I have used "space bank" for swaps into Europe, Africa, Caribbean and numerous US locations. You should find that when you add the cost of your annual maintenance plus RCI fees it will be less expensive per night & you have larger accommodation (plus a kitchen) than a hotel. My experience is $100 - $150/ night cheaper than a quality hotel. The ability to gift the week may have appeal. I see 3 main negatives: 1) people complain they could not get the week they wanted at a specific resort, If it is a location like Vegas, Orlando etc. there are generally other near-by alternatives 2) annual maintenance fee increases - it is a physical asset & they require annual maintenance. Utilities, insurance costs and taxes will increase. If owning a second home is an alternative you are dealing with the same thing & we can't ignore the costs of maintaining a pool. HERE IS THE BIG ONE. Because you own it your ESTATE will also has obligations. If your children don't want it or cannot use it. it is a burden. Just some personal thoughts