Post reply

New to the ownership (by R P.):

patriciam802 wrote:

Trying to rent for a family gathering 7 nights during Dec. 3-15. I cannot find places for the 10 of us but see the cost and wonder if it is best to own

It's not best to own if you don't wish to vacation at the resort every year forever (unless you join a exchange company) .... Dec. 9-15 is a very low vacation season as Thanksgiving is gone and Christmas is 2 weeks away .... here are some pros and cons to timeshare ownership:

pros = you have a vacation destination for life ... if you should buy on the resale market buy a fixed week where you wouldn't mind going every year if you do not join an exchange company .... exchange companies are a whole different discussion ..... points system = if you are looking at a points system instead of a fixed week system or a floating week system, I know little to nothing about all the many different point systems

cons = maintenance fees .... fees may may go up each year .... you own the timeshare or points system until it changes ownership and are responsible for all fees = maintenance fees and possible special assessments .... it's much easier to buy a timeshare than to sell a timeshare (if the need should arise later on), especially in this economy

Quote:

any suggestions where to get informed about buying?

There is no particular place on the internet to get informed about buying ..... it's something you have to research on your own since there are fixed weeks, floating weeks and point systems as someone else suggested.

Quote:

I am green so need to know what it means: -"Floating"? What does it mean? Can you use it any time bit weeks 51 and 52. How much in advance does one need to reserve?

As someone stated above floating weeks are in timeframes (ie: wks 1-15, 25-35, etc) .... even if you buy in a timeframe that includes weeks 51-52, in many cases you'll have to reserve that week a year in advance, especially for popular locations.