Reply to in laws trying to dump their time-share on me

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[quote=Anonymous]Your subject line made me laugh -- my parents own multiple timeshares and periodically ask me if I want them (I don't).  But, I will say that they have been a good deal for my parents.  Here are the two scenarios that work:

1. Your family travels a lot, e.g., multiple week-long trips per year.  During my childhood we drove all over the USA staying for a week at this national park and a week at that one.  We cooked for ourselves (much cheaper than eating out for family of 4+), the space was big enough that we didn't get on each others' nerves (or sometimes we brought friends and family), and we didn't mind that most resorts are not close-in to nearby attractions.  As an adult I have used my parents' timeshares for trips, including my honeymoon, and it's nice to have a home base where you can completely unpack and spread out.

2. The "home" timeshare is near you or your family members.  We had one near my aunt for a while and she and her kids could come up and use the pool and rec facilities.

Otherwise, agree it is not a good buy for you.
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