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New Sale or Resale: which is better? (by R P.):

arthurt23 wrote:
reguardless of which you purchase even on binnial units there is an expense of tax, maintainence and assessments each and every year. I must pay an assessment OF $290.00 even on the years I do not use it. Plus they are impossible to sell and listing them with someone for resale is just a money losing situation. I bought a timeshare at Coconut Palms Beach Resort for $10,000 and can't get $2,000 for it. So be careful in whatever you do.

You are indeed correct that many timeshare weeks can't even be given away in this down economy and the $1 timeshares on Ebay by postcard companies have devalued ALL timeshares, even the socalled name brands (Marriott, Starwood, Hyatt, 4 Seasons, etc).