Newsstand - Time shares are changing the way people vacation




sobore
May 5, 05, 8:22 am
Rexene and Shawn Hall don't have to go far to get their bit of paradise.

The Gardnerville couple bought into a one-week Stardust time-share unit for a mere $4,000 more than 18 years ago when it wasn't necessarily fashionable to do so.

http://www.tahoedailytribune.com/article/20050505/News/105050018/-1/NEWS


peachfront
May 5, 05, 10:50 am
The writer forgot to mention that what the couple pays in fees every year they could stay in hotels or motels all over the world with a lot more flexibility. Many years if you have an older timeshare you can't get anyone to trade with you at all, but you still have to pay a maintenance fee comparable to what you would have paid to actually go somewhere. Yes, I've had a relative victimized by the timeshare scam. Worst of all, because the cost of fees is so high, he can't even re-sell this time-share. He tried to give it to me for "free" but after investigation I realized I couldn't afford to take it on. The time share company continues to build new buildings in the destination, and they encourage the new suckers to buy and trade in the newer buildings...so the claim that the time-share you bought 18 years ago is worth something is truly sad. The company itself is discouraging people from trading with you by guiding them toward the newer "upgraded" buildings.

l'etoile
May 5, 05, 11:48 am
Yeah, this "story" really sounds like a press release from a timeshare group.




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