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Original Message:
Timeshare question from a newbie (by Lance C.):
rachelm308 wrote:It's 100,000 points the fees are about $1100 per year. Is this a good investment? I would only be trading thru RCI. I will not vacation 10 min from my home. Thanks!
It's generally not recommended that someone buy a timeshare solely for trading unless the maintenance fees are dirt cheap. In addition to the $1100 maintenance fees, you will be paying at least $150 per trade plus about $150 per year for RCI membership fees. That works out to at least $1400 per stay and that's if RCI can provide you with what you are looking for! Also remember that the $1100 maintenance fees will almost certainly go up each year.
Maybe try renting from current owners. As Don P said, you can often find rentals from owners for less than what they pay in maintenance fees and you are not locked into any contract. If you look here on RedWeek or other timeshare websites such as My Resort Network, E-Bay, or Timeshare Users Group, you will be more likely to find what you are looking for (and probably for less money) than trying to trade through RCI.