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Original Message:
Re: Marriott Vacation Club point system (by Steve F.):
I thought Saram sounded like an ad for a lawyers office or something, didn't believe a word he said.
I bet you are right as far as what buyers may think. Any purchase is a risk, even a house if health issues arise. You can (and will) definitely lose more on a timeshare early on. How many years depends on how you use it, etc. I am easily ahead, so, if I sold at 25% of my cost, which would probably be fortunate, that would really be profit for me. But not so for newer owners. That is good advice.
The problem is they don't view it that way. And the sales pitches can be quite good at times, even the semi honest ones. They are pretty good.
But there are other money pits. Some people waste as much on cell phones as a timeshare! And that's really for nothing. ;-) That one is a pet peeve for me.
I definitely saw it as a lifetime purchase, and, have been fortunate enough to be able to use it for so long. Not the best way to buy, but, it did work out. We have always travelled, from birth really. So, it's just normal for us, not much takes priority over trips.
Looking at Williamburg, not been there, I see I can spend the $280, or so for a week not a day, for a house there via II. In September, good time to go. Sleeps 10. I have family a couple of hours away, so, could be fun.
I am signing the closing documents now so they can be filed for my third party purchase, excited. As much as I always said I would never ever buy more points, I have found when buying privately, it can be well worth it with some usage creativity.