Timeshare Presentations – Worth The Time?

Yet another story from a reader that was misinformed during a timeshare presentation and is now stuck with a devalued timeshare they are unable to use. When will this nonsense end?!

Value of TimesharesWe were misled during our presentation to purchase timeshare. He sold us both points and weeks making it sound like a more attractive deal. We have only been able to take one full week using RCI because of confusion of process and customer service giving false information. We have lost money by maintenance and paying to roll over points in order to use in the future.

We have owned for 5 years and have had fewer vacations due to cost of RCI purchases and the fees involved. So much for the line we could take 2-3 vacations per year. Greedy people!
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Wall Street Journal Feature on Timeshare Troubles

The Wall Street Journal recently (April 2012) aired a video about the difficulty of selling timeshares.

According to the WSJ, an estimated 50% of owners are behind on their payments.

A few notes from the video:
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