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Original Message:
ask-redweek-timeshare-points-vs-week (by Roberta M.):
I own a deeded property at Star Island, which is a stand-alone resort. . Since my purchase, additional sections have been developed and owned or run by Wyndham. Star Island tried to get me to convert to a point system, at a cost to me of several thousand dollars. However, as far as I am concerned, when you own on a point based system, the value of your initial purchase declines as newer resorts are added. The points you paid for a week won't allow you to trade into newer resorts. You either have to buy more points or save or borrow your points from other years. And to charge me for the privilege of something that devalues each year, no thanks. I did, however, offer to sell my unit back to the resort, at the current going rate. And guess what...no takers. LOL!