What to Look for in a Timeshare Contract

If you've attended a timeshare presentation and have decided to make a purchase, it is wise to take your time to read and understand all of the timeshare contract documents you will be signing. In fact, you have the right to do so. This contract-signing scenario will likely be taking place after several hours of sitting through a sales pitch – when you're tired and vulnerable – but remember how much money is at stake here. Don't rush through the process and make a hasty decision just to get it over with. Take your time, read the documents, and... Read the rest of this entry »

Premier By Original Resorts/RCI

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Everyone seems hell-bent on seeing the math. I keep an Excel spreadsheet of ALL purchase with my Timeshare Resort and RCI. I know EXACTLY what I paid, What I’ve spent, what I’ve saved since my purchase November 2006 while at Desire Resort and Spa in Cabo.

fishing

We purchased in 2006 and paid one year of maintenance fees. Due to a contract dispute I was able to negotiate out the yearly maintenance fees with my home resort Christmas 2008. Since this time I only have RCI yearly fees. So my... Read the rest of this entry »

Westgate Experience

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I've had experenced with timeshares my whole life. My parents had two and we used them every year. This made me a bit nogastilc when I was in Orlando on my honeymoon this past February and ended up getting a timeshare even though I really couldn't afford the $200 they were asking up front.

What happens if I stop paying for timeshares

I paid the first months mortgage and have since stopped. I am in the process of requesting a Deed In Lieu of Foreclosure.

I was going to use... Read the rest of this entry »