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Remembering why you bought your timeshare! (by Lance C.):

phill12 wrote:

Again how is this the developers fault that they bought something and few years later things happen and they can't pay the bills? It seems you list all the excuses for these buyers being taken without giving the buyers the blame they deserve in this because...

Well maybe you missed the point in my previous post where I said "True, the buyer should have done more research before quickly handing over thousands of dollars for and on-the-spot, spur-of-the-moment purchase..", but remember your original question was somewhere along the lines of why so many are frustrated with their timeshare purchase and are looking to dump them.

We're all free to differ on these boards but my take is that people are frustrated because they bought based on the lies, half-truths, misleading statements, speculative prophecies, and twisted facts and figures the salesperson(s) told them.

And if the buyers do like their purchases, that's fine and dandy but situations change for such owners where it's no longer feasible for some to own the timeshares. Now, that they need to sell their timeshares, they find out that they're worth a tiny fraction of what they originally paid. Sometimes they may have to give it away for free as well as absorb the closing costs and the following year's maintenance fees.

Based on that, it's understandable why they are angered and frustrated. I'm not saying that they are justified in assessing all the blame on the salespeople, just saying I understand why they're frustrated and want to dump their timeshare.