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Re: point rental liquidators (by Eunice D.):

I agree w/Don & Tina about the point system (which we have). We find we do not have any greater access to the rental of timeshare resorts as they suggest we do. (what I find interesting,, everytime we go to a timeshare meeting at our resort the sales people tell how easy it is for THEM to rent a resort wherever they want-- we just aren't working w/the point system right!!Ha (also w/platinum I don't find that either except we can use our points for car rental, hotels, etc. but am not convinced that is the best use of our points. Also we haven't been charged a housekeeping fee so far whether we stayed a week or several days with our points, but have heard that this is happening. On another issue w/SHR---they have given us an offer to take the timeshare off our hands if we sign and send the deed back to them-----no concern about the $8,000 we paid!!! because we don't want to pay the maintenance fee for 2013. The last letter we got they threatened to foreclose on us as they are not responsible for what BJ did to us and nothing to do w/it. I refuse to give them any more money after what also happened w/maintenance fees the first year 2012. We were billed 3x even though we had already paid!!!!

donp196 wrote:

I agree with Tina. I don't know what timeshare12's motives are but it's obvious that he or she is some how connected to selling points. In my opinion points are the worst investment ever. They can dump some unwanted properties like SHR on the market just to fill their point quota. RCI and other point companies will promise you the world to get you to sign on the dotted line and then see how hard it is to get an actual resort that you want. I got rid of two timeshares because RCI was renting out prime locations on the open market depriving memebers of those exchanges.

If anyone knows anything about the industry today they will never buy another timeshare or points. You can rent one from an owner for less than he pays for maintenance fees without the lifetime obligation of never ending increasing maintenance fees and assessments.

Now that the FTC has formed a unit dedicated to timeshare fraud we might see some changes in marketing in the industry. Let's hope that this is the beginning of the end for BJ Cooke and his band of thieves.