Original Message:
Re: I just got scamed into buying two timeshares from developers? Help??????? (by Phil L.):
nathanc26 wrote: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.
That is smart to pay it off as quick as possible.
We did same thing on our unit buying from our resort resales dept and had a loan paying $110.00 a month. We paid $300 a month for fourteen months and then paid it off.
We knew going in this would be a short time loan.
As stated in above post many of us bought first timeshare from resort,our first one in 1983 had no forums to learn from and nothing about resales at that time.
Just kick back for few years and enjoy your vacations.
PHIL