Time-Share questions....

[dayg]

Anyone own a time-share? I've had it for a while now and didn't really have time to vacation and use those weeks. I wonder if I can turn my un-used weeks into profits. Or maybe there are some kinda organization or firms out there that buys un-used weeks? Anyone? TIA

 

[Dracos]

There are companies that allow you to rent out your vacation week to others. I have a time-share that I barely used I've been up there once and not on my vacation week. I can't remember offhand who does the rentals of time shares weeks. I have a letter at home I can post the information for you later on today...

 

[bunker]

I remember seeing some commercial for Century 21 saying they bought time shares.

 

[Dracos]

I don't think dayg wants to sell the timeshare just rent out his unused weeks.....which is what I may start doing if I don't sell the dayum thing out right....

 

[dayg]

Dracos,

Please do let me know once you have that info. Thanks a million.

bunker,

I do not wish to sell my time-share since the market is really bad at the moment. I just want to rent out weeks that I'm not going to use. Thanks.

 

[dayg]

bump

 

[vi edit]

I think it really depends on the specifics of the company with the time share. I know that some let you roll your unused weeks over to the next year, others don't.

 

[Dracos]

unfortunately I believe I through away the paper I got in the mail

There are companies that work with time-shares and allow their owners to sell their unused weeks...

 

[vi edit]

Did you purchase your timeshare through a timeshare company or a broker of sorts?

 

[Dracos]

I purchased mine through silverleaf resorts and I received a letter from another company which I can't remember the name...I will look again for that letter for u dayg.....which said that they would help if I wanted to rent out or sell my condo or weeks...

 

[ATLien247]

Check out the Timeshare Users Group website. They have a bunch of information about this kind of thing...

 

[dayg]

ATLien247, thanks, I will.

vi_edit, actually, its been 5 years and I can't remember. I got suckered 5 years ago when I was young and stupid.

 

[Dracos]

Originally posted by: dayg
ATLien247, thanks, I will.

vi_edit, actually, its been 5 years and I can't remember. I got suckered 5 years ago when I was young and stupid.

Dayum I got suckered back in August....just turned 30...guess I was young and stoopid...lol

 

[Que-TiP]

since a few of you already have time shares, do you recommend them or not? I went to a presentation recently (free dvd players!) and they wanted about $25k for the time share. And the system worked on points, which can roll over into next year, etc. anyways, i just wanted some opinions from some guys who already own thanks!

 

[dayg]

Personally, if you ask me would I do it again? I don't think so because I don't travel as much. Also, it wouldn't be as bad if you can profit from the un-used weeks. Hope that helps Que-TiP.

 

[Dracos]

I wouldn't do it again....and probably by August will be looking to sell my timeshare off...Hopefully I will be able to get back some of my investment...

 

[kermalou]

time shares are the biggest scam from the 80s and 90s. i have never ever heard a good thing about em, all i do is go for the two nights free lodging.

 

[Pepsi90919]

wtf is a "time share" ????

 

[MrBond]

Originally posted by: Pepsi90919
wtf is a "time share" ????

You spend X amount of dollars to buy the ability to use a condo/etc for a set amount of time each year. The idea is they get 52 buyers for each property, and each person gets it a week a year (or 26 buyers and two weeks).

 

[tm37]

IF you want to buy a time share try and buy from someone selling there weeks as they will usually take a lot less then the timeshare company

I know of a few people that have them mostly they like it. I would not like going on vaction to the same place every year thouhg

 

[Dracos]

Well alot of timeshares are apart of bigger organizations. Like mine Silverleaf is a part of RCI travel. SO I am able to trade in my timeshare week at my timeshare lodge and go to a different one around the world. Of course u have to pay extra for that.....