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I want to buy a timeshare from someone directly who owes maintenance fees.?

Posted on July 9, 2010

I bought a timeshare real cheap from ebay, so I know there are some out there cheaper that what the resorts say. I've found that there are a lot of good people out there who haven't been able to pay their maintenance fees and I'd like to find one of those people who owns week 31 in the Myrtle Beach area. Maybe this could be a win, win situation. I will pay cash. Please email me with serious offers.

What is your best excuse for not buying a timeshare?

Posted on July 3, 2010

I've always been curious about this. I've been to just one timeshare presentation (when I was in fresh out of college, and I didn't know that my coworker lured me to attend a timeshare presentation). I'm curious to go to another, as 8 years have lapsed since then.

Now, I've been to many car dealerships (because I have been interested in buying a used car), but haven't really been subjected to such high pressure sales tactics--at least not the ones described to me that timeshare people use. For instance, no car sales person has ever said to me "well, you can always gift your car to your heirs when you're done using it" or "buying cars are a great investment instrument!"

I've been to many blogs and websites on timeshares (Tug2.net, saveoneresorts, igougo.com, tripadvisor, stayhereplayhere.com, consumeraffairs.com, complaints.com, bbb.org, to name just a few) to get both sides of the story. I've seen some standard responses (I can't afford it, it's not for me, I don't want to make a decision now, let me ask my wife, I don't have kids) but those are easily answered by most timeshare salespeople. What other excuses have worked for you in the past that are truly ingenious?
Thanks Steph, for your answer!
Actually, I also read somewhere that the salespeople say that you can avoid your yearly maintenance fees by referring *just* 20 people to come and take a tour. I think that is how my coworker got me to go in the first place. She made no mention of a timeshare presentation--she basically had an ad in our work intranet bulletin board of a free vacation. I guess that's how she paid for her maintenance fees, and I guess she also got to keep any of the extra perks, since I wasn't offered any money or tickets after the presentation either! All of that for a 3 day/2 night stay in Charleston, SC.
To NCCMSS: Excellent post! That is one of the sites I've never been to myself. Thanks for the info.

I am looking into buying timeshare and I was wondering if you think its a good deal or am I getting ripped off

Posted on June 27, 2010

I live in PA and Im in Virginia Beach right now. I have a chance to buy timeshare on this beach. One bedroom, small kitchen, oceanfront view with personal deck. We get 7 days a year and getaways for about 50% off reg price. The price of the condo was ,000 and was sold to us for ,700 because somebody just upgraded their condo. I don't know if this is a good deal or what? Its through Gold Key Resorts and I can exchange my condo for many places throughout the country for 9. Also do you think I could resell for more than I paid for it? Since its worth that. They said it would actually cost them more to get this condo number back on the list than it would be to sell for what the other people owed or paid into. Im just learning about timesharing. I heard it was a good deal and then I heard no cause of the way the market is now. Also I heard yes and no about writing it off on your taxes. Is this true? Any info and help would be greatly appreciated. Thanks!
I can use this for the rest of my life too and pass it on to my kids afterwards. Once I buy it, its 'forever' not just one year.
Oh....and by the way.....I don't answer people who give me a link to answer there questions, especially when all the answer I get is.......answer or answer my quesion. Sorry!!!
Yeah, the maintenance fees, insurance, upkeep, etc. is 0 a year. Plus interest is 15.9%. We would have to pay 00 down and 5/per month for 10 yrs. Thanks for your help guys! Guess this is a ripoff!

   
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