Original Message:
May Newsletter Q&A: Second Market Timeshare Owners 'Caught' By RCI (by Steve W.):
jayjay wrote:So, having said that why would you want to pay money for ownership in something like a timeshare, with ever increasing yearly maintenance fees and possible special assessments?steve1184 wrote:Everything, I think. It was stated that if you have a deeded timeshare that is somehow yours. It's really not, you really don't control it and they can essentially take it away from you by overcharging you.Why would you pay a $4000 assessment for example, if you could more than likely rent the same unit for much less and pay only rent? No more maintenance. No more payments.
That's the problem with the whole timeshare idea. You have people that you are forced to be in bed with who don't have your best interests in mind. They have their own.
The main problem is that people do not take the time to research and study what timesharing is all about and what ownership entails .... they merely go by what some salesperson tells them.
Along with timeshare ownership are ever increasing yearly maintenance fees and possible special assessments ...... many people don't have a clue what they're getting into because they don't research what timeshare is all about.
Is it really such a grand accommodation that you just can't get it without buying? I just don't think that is the case at all.
You *can* rent it and not buy anything.
The place is the same. You just save most of your money and nearly all of the risk.