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 purchasing a timeshare with Vida Vacations in Mexico: “We went to a timeshare presentation at the Riviera Maya in Nov. 2015. It was the worst thing we could of done. Sadly we were scammed. In the sales presentation we asked many questions,…
There is no doubt that the timeshare industry has a significant impact on the economy at regional, state, and national levels. The American Resort Development Association (ARDA), the national trade association that represents the vacation ownership and resort development industries, offers a detailed look at the direct and indirect ways in which the timeshare industry…
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 RCI and timesharing in general: “So far my experience with RCI has been horrible. My mom and I own a timeshare together which she used fairly often. She died in August and timeshare became mine. I have paid the bills. I…
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…
The following story was submitted by one of our users about their experience with RCI: “RCI SUCKS! On our first reservation we tried to do a simple hotel booking through them and they royally screwed it up. We had requested a 2 bedroom suite in Peoria, Arizona at the Holiday Inn Express and Suites. On the…
We recently received the following submission from one of our users regarding their timeshare property at Orange Lake Resort and Country Club in Florida: “We bought our timeshare 21 years ago and used it to exchange vacations in other resorts. It was a good experience but now that my wife has passed away and I…
We bought a Westgate timeshare in 2007 while vacationing at Myrtle Beach, South Carolina. Worst mistake ever! We finished paying for the $16,000 timeshare a few years ago, which was almost double in price with their high interest rate. I received the deed a couple years ago, and have been paying maintenance fees since this…
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. I…
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