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?!

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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... Read the rest of this entry »

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.

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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

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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 »