New and this doesnt look like a good thing

Is there any positive note regarding time shares? Im looking,at least I was looking, for a unit on Hilton Head. After doing the math and reading these forums, I see no reason to purchase. I was specifically looking at a unit in Port O'Call. The ad was not from an individual, but a company and their replies to some very specific questions give vague a new meaning. They were asking 7K for a fixed week. After reading almost every forum, I made an offer of 2K. No word back yet and I almost hope there isn't.

Unless you are looking for a specific resort, specific week (ex. red hot summer week or a holiday week) in a specific area of a resort (ex. beachfront, pool view, special unit location) I don't recommend buying when there are SO MANY rentals on the internet now. When you buy a timeshare you are then responsible for rising maintenance fees and possible special assessments until you sell it. Renting is far less hassle than owning. JMHO

erikl13 wrote:

Is there any positive note regarding time shares? Im looking,at least I was looking, for a unit on Hilton Head. After doing the math and reading these forums, I see no reason to purchase. I was specifically looking at a unit in Port O'Call. The ad was not from an individual, but a company and their replies to some very specific questions give vague a new meaning. They were asking 7K for a fixed week. After reading almost every forum, I made an offer of 2K. No word back yet and I almost hope there isn't.

If you do decide to buy, check out if once you buy you are locked into only one exchange company such as RCI. I bought "weeks" instead of points at my resort. It turns out that weeks members are only allowed to exchange through RCI. I wanted to try Interval International because they have some Disney resorts you can trade for but it turns out I can't exchange with II. Joan