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.

[ad#logo_leaderboard]

A few notes from the video:

[ad#readmore]The average cost for maintenance fees is around $730 per year, which has been steadily increasing year to year. Travel is a luxury, and one that most people are not able to allocate a lot of time and... Read the rest of this entry »

Carlsbad Timeshare Experience

[ad#logo_leaderboard]

Timeshare owners are not owners, they are suckers. The Carlsbad Timeshare has been a nightmare of an investment.

Carlsbad TimeshareSince inheriting it we have tried to sell it, bank it, and exchange it and this year we tried to rent it to no avail.

The literature makes it sound like there is all this flexibility, but it is truly the most one-sided investment I have ever experienced -- theirs! When you try to talk to them all the communication is pre-scripted, like overseas telemarketing. I am... Read the rest of this entry »

My Silverleaf Timeshare Experience

One visitor to our site shares his experience with Silverleaf timeshare, and the research she did following the timeshare purchase. Here's her story:

[ad#long_box]

Silverleaf TimesharesI bought two units from Silverleaf in 2010. In both sales presentations the salespeople told me the units were an investment I could realize income from, and would be a great business and investment opportunity, and by renting the units out (anytime at any resort they told me) it would be good advertising for Silverleaf and good income for me.

In the first... Read the rest of this entry »