Buying, Renting, and Selling Timeshares

Sheraton Vistana Cascades

Feb 20, 2010

My wife and I are considering a timeshare for our your family (kids 9 and 5), both for visits to the home unit and trade. I've noticed that Sheraton Vistana has a bunch of units available for very reasonable resale values. Why is that? Is Vistana not a good deal, even at low buy in cost, for trade value? Yes, we'd like to visit Orlando for the area attractions, but would likely attempt to trade some or most years to places like Colorado for skiing or elsewhere. Thoughts?


Jason V.
Feb 21, 2010

We stayed there two times and hated Courts and love next trip at the Fountains. This was ten years ago so many things might have changed. Just to give you idea of shopping I found five ads on Tugs MarketPlace Bargain Basement for the Vistana's but buildings not listed. One had fixed week 16 asking $1.00 plus back 2008/2009 maintenance fee's of $2000-$2500. Another two ads for fixed weeks 33,34 for $1.00 sleeps eight. Another week 36 for $200 (2br) sleeps 6 and one for $500 float times of 6-17,23-34,39-47,51-52.None list the buildings.

As I have stated many times buy where you can enjoy going every year and exchange just a plus to help your family enjoy their vacations for many years. Orlando has way to many timeshares so trade value not alway the best. I would recommend buying in Colorado if this is where you want to go most years and just trade into Orlando when you want. If you buy your resort that deals with II you can always take a second vacation with a getaway from II for few hundred dollars to Orlando.

PHILL12


Phil L.

Last edited by phill12 on Feb 21, 2010 11:05 PM

Feb 22, 2010

jasonv32 wrote:
My wife and I are considering a timeshare for our your family (kids 9 and 5), both for visits to the home unit and trade. I've noticed that Sheraton Vistana has a bunch of units available for very reasonable resale values. Why is that? Is Vistana not a good deal, even at low buy in cost, for trade value? Yes, we'd like to visit Orlando for the area attractions, but would likely attempt to trade some or most years to places like Colorado for skiing or elsewhere. Thoughts?

In this economy timesharing is in it's lowest time ever .... many people are willing to just give their timeshares away to get rid of the obligation of yearly maintenance fees or until the week changes ownership which in these bad economic times, many weeks can't even be given away as is evidenced on Ebay.

Maintenance fees can be an albatross around one's neck in times of recession with people losing jobs, layoffs, lessened work hours, loss of homes etc. That's one thing you have to remember when purchasing a timeshare, even for $1, you are still responsible for maintenance fees forever.

Also, you have to remember that your kids will outgrow Disney one day but you'll still be stuck with your week and your maintenance fees and you cannot depend on exchanging to Colorado in ski season unless you have a very strong trader .... I wouldn't think Vistana is a strong trader since it's in way overbuilt timeshare resorts in Orlando.


R P.
Feb 25, 2010

Just rent at Vistana as the value is not worth it. And buy elswhere with bigger value.

When the cost is low, it's because the value is low. I own there and I cannot sell for any price. I had a friend who was trying to let it go for 0$ so he could stop paying the annual fee. He just could'nt


Marc D.
Feb 25, 2010

Yep, I've eliminated Vistana from any consideration. I'm hearing very little positive feedback regarding ownership in Orlando properties as a whole. Better off renting in Orlando it appears.


Jason V.

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