30-08-2004, 12:23 PM
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#1 (permalink) |
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Business Guru
Join Date: Dec 2003
Location: Near Inverness, Highlands, Scotland
Posts: 7,719
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Timeshare deals??
See if I understand timeshare right -
1. You pay tens of thousands of pounds, to have the right to access a property somewhere for 2 weeks. 2. Sometimes you can go other places too! 3. You have no claim to the actual deeds of the property Wouldn't it actually be cheaper to put all that money in a bank account instead, and simply use that as a holiday travel fund?
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30-08-2004, 10:15 PM
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#2 (permalink) |
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Member
Join Date: Jul 2004
Location: South Glens Falls, NY USA
Posts: 74
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Re: Timeshare deals??
I have a timeshare in Orlando, Florida and it cost me 50% of what it would cost a family of 4 to rent a suite for the two weeks. I find it to be a great deal and my kids love it. There are some very unscrupulous timeshare sellers however; get recommendations and references. You might be getting a mud shack in a swamp.
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30-08-2004, 10:18 PM
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#3 (permalink) |
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Business Guru
Join Date: Dec 2003
Location: Near Inverness, Highlands, Scotland
Posts: 7,719
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Re: Timeshare deals??
That sounds like a pretty reasonable deal - for some reason I was under the impression that Timeshares were much more expensive relative to the "bricks and mortar" that you're actually paying for.
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02-09-2004, 08:26 AM
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#4 (permalink) |
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Senior Member
Join Date: Jul 2004
Location: United Kingdom
Posts: 835
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Re: Timeshare deals??
I don't believe in time-shares, alot of people have been scamed by them... Yeah if your lucky you might save money... But when the property increases in value you will not benifit...
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05-09-2004, 07:21 AM
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#5 (permalink) |
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Member
Join Date: Sep 2004
Location: London, England.
Posts: 72
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Re: Timeshare deals??
I was invited to a plush west end hotel once by a company trying to sell me time share, I did enjoy their hospitality but I did not put pen on paper as they were hopping for, a few year later I heard the company has gone bust leaving several millions of debt and time share owners with no time share properties.
That put me off ever considering time share again. Temi |
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