Did you do it?
Agree to attend a 90 minute presentation in exchange for free stay on the property, a free adventure tour while on vacation, or a chance to win an awesome prize?
Why do they claim the presentation is only 90 minutes? They never are!
I’m talking about a timeshare sales pitch.
We’ve taken are fair share. Generally just to get the free gift and normally never would dream of buying in. However, we fell for the pitch, hook-line-and-sinker one fine day in the Bahamas. It’s been about 10 years. In all this time, purchasing a timeshare is on my top list of decisions I would not repeat.
Thankfully, my irritation with the timeshare have been minimal. We haven’t had a horrible stay yet. We haven’t been surprised with any last minute fees at check out. However, we are stuck with bill that I’d rather not have.
We also haven’t used our timeshare in the past 3 years, but we still owe the maintenance fee.
I’ve received a number of request for help with timeshares over the past few years. So this podcast is way overdue. I reached out the the Timeshare Users Group for some help on dealing with a timeshare gone wild.
Now that I’ve been a timeshare owner and user for more than a decade, I can objectively look at the pros and cons (at least for my situation) and say without a doubt that I would not do it again. There are, however, some pros:
That said, I do not think the downside of timeshare ownership are worth the hassle – especially when you can rent them to achieve the same end.
I invited Brian Rogers from the Timeshare Users Group on this episode of the Midday Money Show to share tips that might offer some relief for those burdened with timeshare ownership. There is not magic pill to make it all go away, but Brian did offer helpful insight into options available for timeshare owners.
Visit the Timeshare Users Group for more information about their services.
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