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Travel Discussion
Reply to "Tell me about timeshares. Are there any good ones?"
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[quote=Anonymous][quote=Anonymous]We inherited 2 timeshares from IL's and are stuck paying maintenance fees that are up to $2000 a year even if we don't use them. They're in a location we aren't interested in at this time. So we pay MORE for an exchange company, RCI We can use the points to stay somewhere else if we can find it available. It all costs more than just booking what we want. Maintenance fees go up regularly and it's out of our control. Some timeshares have a set number of years, but ours are considered deeds and they stay in our family forever. I think we can try to transfer them to someone else if anyone wants to take on the fees. We might try that eventually. Right now our RCI points are expiring because there aren't any exchanges where we're travelling. If you want to buy a timeshare, don't buy it from the salespeople at the resorts. You can find them online from owners like us, sometimes free. You pay a small transer fee, do the paperwork and take over the maintenance fees.[/quote] Yup, I posted earlier that it cost us $5000 to turn the inherited timeshare back in. [/quote]
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