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Original Message:
Re: Buying resale timshare (by Julian D.):
No! They cannot stop you from exchanging. When you purchase from a current owner you receive the deed. Exchanges are done through Intervalworld.com or RCI; I am familiar with Interval. With regular Interval membership you are able to deposit your week and exchange for other places (your week for a week elsewhere). If you are an Interval Gold or Interval Premium member you are able to deposit your week and exchange for 2 shortstay weeks i.e. 2 separate weeks not to exceed 6 days per stay, because if you stay 7 days then you used up your week. For example I owned a VA Beach during a low season (early February) so I usually deposit my weeks and do 2 shortstays elsewhere and I am not restricted to just that time period.
Hopes this help!
Julian David
satnamb wrote:lancec13 wrote:satnamb wrote:question still remains can they legally stop me from exchanging if that is the case then timeshare will be transferred in my name i cannot go any where and i am paying fees every yr.I know we're not your second grade teacher but punctuation and capital letters would help make your post more understandable and readable.
So, do you currently own a timeshare? If so, did you go to this timeshare presentation as an owner at that resort?
NO i do not, i went to presentation to learn and buy , but i am confused about timeshare market place,resort owners are asking very high prices, while timeshare owners are selling at very low prices or even giving to charity because they cannot afford fee, resort owners are restricting them by not allowing them exchange etc.etc . Net result is i am holding my decision till i am clear about the market place and process.That is why i joined Redweek and discussing to clarify.