Are they worth it?

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Re: Are they worth it? (by James M.):

Thank you all for the great information and ideas that have been posted.

One more twist to my story. The seller stated that he purchased Old Town for a trip and had all intentions of selling the timeshare when he returned home. The problem I have now is that only 123,500 pts are available for 2012 (not 126,000). His price is $650 to purchase the timeshare and would do the closing, transfer fee, etc. for $400. A total of $1050. I like doing business in person, but I realize that is very unlikely. I know it is hard now a days to trust people, but I so want to buy at Old Town. My question is - why would someone who lives in Texas, sells timeshares in Florida (gave me the name of the resort he is affiliated with) buy a timeshare just to use for a one time trip to DC? Did he maybe get a great deal!

Stan, At 60+ I'm not sure about the 20 years.