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Re: Considering to Buy a Timeshare (by Lance C.):

ib17 wrote:

Anyone know anything about Shell Vacations Club? All I know is that it is a point based system with the option of converting the points to Interval international. We love to travel and being able to use different properties seem attractive to us. However we are scared to death of being scammed by timeshare sellers and resalers/brokers. How do you know if a posting in Red Week is legit? It seems safer to buy direct from timeshare companies, but it seems the cost out weighs the benefits. We signed up with Shell, but we still have 2 days to cancel our contract. I would appreciate if anyone have any advice for us. We don't have anyone to ask these questions to. Thanks!

Rescind immediately! Forget what the salesperson told you. No benefits from purchasing from the developer are worth the price. Look on E-bay for Shell Properties.

Check out this link for the Shell Points chart as to what value there is for points (in other words, what you can get for points). Then compare the maintenance fees for those points. Then compare what it would cost to rent that same property.

If the rental is less than the maintenance fees, you would be well-advised to avoid purchasing and just try renting.

But, first things first. Rescind your purchase and follow the instructions exactly as written.