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Re: point rental liquidators (by Susan C.):

We attended a presentation this evening by reps of the PRL, VSI and Sunset Harbor Resort. What they offered" us is a conversion of the two timeshares we own (one in Hilton Head, SC  and one in New Orleans, NO) to the point system.  In order to qualify for this conversion, we had to purchase another timeshare at Sunset Harbor Resort which gave us a "bonus" of 100,000 points in addition to cumulative the point value of all the properties. The value of these "points" is more flexibility in vacation planning through VSI, no exchange fees, lower membership fees PLUS PRI will "guarantee" payment of $0.085 per extra point deposited which would cover our maintenance fees on the units. I find this appealing because it would allow us to use our points with VRBO which is how we have been traveling lately.  The stated amount that we would receive from giving our existing banked weeks to them more than covers the cost of the deal.  If all of what they told us is true, then it would seem to be a good fit for us. BUT, in researching tonight after the presentation, I am getting the sinking feeling that it is NOT true.  We have the 3-day rescission clock ticking away so I would appreciate a prompt response. We have been burned a time or two .... I really don't want the stress of another fire. I would appreciate hearing from anyone with experience -positive or negative with this "deal.". From reading the posts here, it seems that it has worked for some people? And not for others? I can anticipate some of you having a opinion that this is a scam but what will be most helpful are actual experiences. Thanks!