If you are considering buying a timeshare, you might be wondering if now is a good time to do so. There are several factors to take into account when making this decision. The timeshare development industry has been growing steadily since the 2008 recession, according to annual studies conducted by the American Resort Development Association,…
We received the following submission from one of our users about their experience with Club Wyndham: “WOW! What a smooth talking, very likeable guy at Desert Blue in Las Vegas! We already have TWO timeshares, totaling 308,000 points that we rarely used, and somehow, this man talked us into buying an ADDITIONAL 154,000 points by…
We received the following submission from one of our users regarding their experience with RCI: “I am very disappointed with their program. I was really looking forward to a vacation I booked in March 2016 for December 2016 but had an emergency with my son and he was hospitalized. So of course we have to…
One of our users left the following comment on our 10 Steps to Successfully Rescind Timeshare article: I signed with RCI and Legacy, its past the cooling off period, but I haven’t paid the down payment yet. Does that mean the contract is still valid? should I just cancel the card and not pay? would…
If you’ve decided to either gift your timeshare to a family member or sell your timeshare, you will need to transfer ownership of your timeshare to the new party. A transfer of ownership is handled in a formal, and often complex, process. Because of the nature of the process, it might be in your best interest…
We received the following submission from one of our users about their experience with timeshares at Mayan Palace in Mexico: “I bought a timeshare at Mayan Palace as an investment and was told I could use the equity to purchase a one or two bedroom. They have totally lied about everything they said they were…
We received the following submission from one of our users regarding their experience with Vidanta: “A few months ago I went to Riviera Maya Vidanta. Sales people offered us a ride to see the facilities, includig a free breakfast but with an obligatory timeshare presentation. After that many people, a friend and I decided to…
Timeshares can be confusing, especially if you are just becoming involved for the first time. To build upon our glossary of timesharing terms, we’ve complied another list of frequently used acronyms when talking about timeshare. We hope this will help you navigate the world of timesharing more easily! ARDA (The American Resort Development Association)…
If you are a Wyndham owner who doesn’t want to waste accumulated points, you may benefit from using the points credit pool. By putting your points into the credit pool, you are essentially banking them for later use – you can pull them from the pool as you need them over the subsequent 3 years. There…
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…
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