As of December 2008, it seems a preliminary settlement has been agreed upon regarding the class action lawsuit – Murillo vs. RCI. For background on this lawsuit please read the post RCI Class Action Lawsuit, Murillo vs. RCI. Below you will find the terms and conditions of the settlement benefits in their latest form, which…
So you've done your research regarding timeshares. You know that you can save money buying on the resale market instead of purchasing directly from a developer. You have spent hours perusing timesharing forums and websites. You are well-versed on the difference between points vs. weeks, and your friends have even started emailing you regarding their…
Luxurious travel is not always synonymous with timeshare. RCI is hoping to change that association with their newest exchange program, The Registry Collection. Catered to the "money is no object" crowd, The Registry Collection is the world's largest high-end timesharing option. This exclusive time share club provides its members access to a network including some…
It is no surprise that the depressed economy has started to effect the timeshare market. Vacations are often among the first expenses to go in a climate of instability. While it is still too early to tell what time share owners can expect from this most recent economic downturn, we can look at the positive…
With most timeshares focusing on middle-class family vacation needs, a former timeshare developer named Rob McGrath saw a niche market in the luxury timeshare market, and decided to launch clubs targeting affluent families that want the benefits of second home ownership. These clubs, known as Destination Clubs, basically use the same model as a timeshare. …
If you have decided to purchase a timeshare you may be unsure what types of questions to ask before becoming a time share owner. While everyone will have their own personal preferences regarding location, amenities, time of year, and perks, the following checklist is a good starting point for anyone new to timeshare to be…
What is an off property timeshare consultant? To keep it short and sweet – these are the people lurking around hotels, shopping malls, resorts, and calling you on the telephone to that try to convince you to attend a timeshare presentation. They are known as an OPC’s, or off property consultants, and tend to be…
If you have exhausted all of your other options for getting rid of your timeshare including selling on the web, auctions sites like eBay and Craigslist, donation to charity, and giving it away, a timeshare foreclosure may be your only option. The time share foreclosure process is somewhat similar to a home foreclosure, in that…
If you are interested in becoming a timeshare owner, you need to be aware of the timesharing scams and lies being told by timeshare salespeople. A timeshare salesperson will promise you the sun, moon, and stars in order to get you to walk out of a presentation as an owner, but they will rarely make…
Operating under the name Point to Point Destinations, or West Coast Timeshare Ltd., this Vancouver, BC based company has been selling points based timeshares since their inception in 1999. In recent years there have been a number of time share owners speaking out against PTP Destinations, and looking for help in dealing with their PTP…
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