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Remembering why you bought your timeshare! (by Phil L.):

Timeshares are still a great investment if you remember why you bought yours! Too many owners nowadays jump on these timeshare forums and hear how someone was scammed or cheated and paid too much money and now want to know how to dump their unit. A lot of owners jump on this band wagon and hate their timeshare for no other reason than others complaining about timeshares. Yes people lost job and income or children grew up and don't need such a large unit and this happen to us few years ago with daughter getting married. There are real reasons for selling but many start blaming others for buying in first place which is bull! You are adults and no one can talk you in buying something you don't want. Many of these owners that can afford their timeshare should stop complaining like others and go back and spend a week in their resort. Maybe they will remember why they bought it years ago and want to start using it again.

We have been in timesharing since 1983 and our only complaint was we hated dealing with RCI. We sold that resort and bought into one in location we love going to that dealt with II and have owned for many years now. We sold out around 1992 and away from timesharing for about ten years. While on vacation in Maui at a great hotel my wife wanted to go look at a resort we once exchanged into and after seeing it again said she wanted us to go back into timesharing. We went back and bought in same resort as before. Because of family now growing up we did sell our two bedroom two years ago to another owner at our resort and this last year sold our odd year unit during our stay there and now only own a even year at same resort.

Bottom line we have always been happy in timesharing because we bought a timeshare we wanted to return every year so we will never think we lost money. We bought and figure we saved money every year we owned and stayed their. Our thinking is we saved at least a $1000 a year in hotel cost savings. Many owners figure they paid $----- and ten years later it should be sold for that amount and this is foolish thinking.

I posted few years ago that when jobs return many owners will regret dumping/selling their unit. When families work they will always go on vacation. I still can't believe how much money we spent in hotels in most cases double or more our maintenance fee's of our timeshares. We spent more for less time and as great as the hotels were they had bedroom/bathroom and coffee makers and you had to eat out every meal at high cost and as my wife said in Hawaii I want my kitchen back and bring friends with us. Cooking saved us alot of money and being able to bring friends with us made the timeshare world perfect for our family.

PHILL12