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

charless345 wrote:

I have written several posts on this site stating just your point, Phill12. There are many on this site that accept no responsibility for their purchase and blame everyone under the sun for their purchase. Some have no real excuse because they have never even used their timeshare not even knowing how to use it. They blame the salesman, but don't take advantage of of the rescission period. Exit strategies should have been discussed with the salesmen before signing or during the review of the contract. When you buy a car, a home, or anything else you need to ask key questions prior to signing or during the rescission period.

Perhaps more disturbing to me is the continuous flow of misinformation that permeates the threads that are created here. I have seen so many ridiculous accusations that it makes my skin crawl. I read that people are forced to buy their timeshares, that they are forced to turn their deeded weeks to points or their weeks were turned to points without their signing or knowledge. These folks have neglected to do one thing from the very beginning. They have neglected to read their contracts and that's their fault. It's not the salesman's fault they did not read it. It's not the developer's fault they did not read it. It's not the bank's fault they did not read it. The responsibility falls squarely on the shoulders of the buyer. We have a hard time in our country accepting responsibility for our actions, example the bailout of all of the people who bought homes that could never afford the homes in first place. It's a sad commentary on our society right now.

You said it straight and I totally agree with you! For many its always someone elses fault they bought. I understand many families on hard times and timesharing is a bill they just can not keep paying but for many this is not a problem. For many its just a excuse to get out without paying while your follow owners pay your maintenance fee's. One of the biggest problems I hear all the time is "I can not afford the payment and the maintenance fee's too. Bottom line if your making payments you had no business buying the timeshare. We bought our second unit through our resort getting owner discounts. We did make payments but it was only for six months and it was paid off. I had heard people locked in to ten year or more payments at high interest rates which is just crazy.

PHIL