My mom had one with RCI. Her home timeshare was for RV travel but she also could use it for condos and other stuff. I used it when we went to Vegas the first time to rent a 1 bedroom condo for about $250 for a week. Lots of good last minute deals. She sold her RV when she moved to Florida and sold her timeshare last year. She was not using it but still paid the annual fees which were around $300/year.
I would be concerned about the fee going up. I've always heard not to buy one. There are restrictions for selling them sometimes such as having to go through a particular agent. Get all the facts of course first.
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Sometimes you're the windshield, and sometimes you're the bug.
DH and I went for a week at Myrtle Beach where they tried to sell us a timeshare. Actually they didn't call it a timeshare. There is some other name now. It's more like a vacation plan but the home base would have been Myrtle Beach since it has to be tied to real estate which is how they keep the value. But you could vacation anywhere that participated. Honestly it seemed like a fair deal IF you are someone who travels a lot and will travel a lot. I think a lot of people think and wish they would travel a lot but they don't.
Like one of my old neighbors bought into something like that and they haven't take a single trip yet. It wasn't a time share but a vacation plan or something like that. Anyway, just make sure you know what you are getting.
And, you need to know exactly how to divorce them and how to sell the timeshare. Plan for the divorce and understand the details and then if you are OK with that and know what you are getting then make your decision. You might run it by a lawyer before signing.
And pay attention to any escalation clauses. Maintenance fees now may increase so much in the years ahead that it's no longer worth it and no one wants it.
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LawyerLady
I can explain it to you, but I can't understand it for you.
They way it's been explained to me is, you own an allotted amount of time, not the structure.
Your time at the structure will be decided by everyone else's willingness to share.
You may have to make reservations upto a year or more in advance if you want a specific time frame.
Say you want the week of July 4th, well so do the other ever how many people who bought into the timeshare.
You have to be flexible or plan well into the future.
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A flock of flirting flamingos is pure, passionate, pink pandemonium-a frenetic flamingle-mangle-a discordant discotheque of delirious dancing, flamboyant feathers, and flamingo lingo.
The sister of my friend owned one in Hawaii and we stayed there. It was nice, located about a block and a half from the beach and near the international marketplace, although I understand at night the ladies of the evening would pick up their johns in the alleyway behind and in the area in front.
I've often wondered about the Disney Vacation Club thingy.
They have so many options, it seems like it might be worth it.
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A flock of flirting flamingos is pure, passionate, pink pandemonium-a frenetic flamingle-mangle-a discordant discotheque of delirious dancing, flamboyant feathers, and flamingo lingo.
The one I'm looking at is a specific unit on a specific week. It does offer the option to trade for a spot elsewhere. It's at a beach we like and we could use the parking and pool all year.
You should try to talk to others who have this timeshare, see what they say.
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A flock of flirting flamingos is pure, passionate, pink pandemonium-a frenetic flamingle-mangle-a discordant discotheque of delirious dancing, flamboyant feathers, and flamingo lingo.
