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Re: New time share owner - want out! (by R P.):

stanleyf5 wrote:

Hi Jayjay, My point was not to buy from the developer, but that once you have done so make the best of it.

I completely agree with you. There are so many people that buy developer then find they could have gotten the same timeshare for 1/3 or 1/4 of what they paid developer on the resale market, so they become disillusioned with the entire concept of timesharing thinking they had been 'taken' by the developer. However the developer has a tremendous amount of overhead and he has to make a profit.

We bought our first from the developer and it was too late to rescind when I arrived home and had time to research timesharing and finding out about resales, but we chalked it up to an expensive lesson learned. We also went on to buy several resale weeks at bargain basement prices. We figured that at least the developer bought week got us into timesharing and we eventually learned how to use it and all of our resales to our advantage by either using or exchanging.