Original Message:
Re: I just got scamed into buying two timeshares from developers? Help??????? (by Nathan C.):
Thank you for your replies. Yes, i do plan on using my timeshares. i plan on vacationing as least twice a year, i actually already book a trip to cancun this march at Le Meridien. Its a starwood 5* resort. I booked it using my starpoints, which i got 90,000 of when i made the purchase.
As far as my purchases, i went to the presentations blind folded, i didnt know what to expect. These salespeople are really good at what they do. at the time all i knew about timeshares was that most of my friends parents had them and they would go on vacations all the time. Im not actually upset that i bought them, but at the fact that i could have bought them at a fraction of the price in resale.
In another note, sheraton gave me loan for the purchase. They are charging me an insane 15.9 in interest. If i took the whole ten yrs to pay it off, they will have pocketed over 20k in interest alone. Thats why im planning on paying it off in the next year or so.