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Are Timeshares ever credited? Want to pull trigger on one.
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Date: January 3rd, 2013 6:37 PM Author: electric french chef factory reset button Has an amazing golf course. But I am having trouble because I am raised to believe that timeshares are for suckers. (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22361702) |
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Date: January 3rd, 2013 6:38 PM Author: Beady-eyed queen of the night My parents basically bought a condo for what they almost bought a timeshare for during the 90s. (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22361706) |
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Date: January 3rd, 2013 6:43 PM Author: electric french chef factory reset button Well this is 1 week every year for 25 years for $15k up front plus $1200 per visit with 6 included rounds per trip...so I am not buying a condo for anything like that. (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22361728) |
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Date: January 3rd, 2013 6:46 PM Author: Beady-eyed queen of the night Would you pay $3000 to stay there for a week and get 6 rounds of golf? (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22361738) |
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Date: January 3rd, 2013 6:49 PM Author: cruel-hearted goal in life piazza if you play golf six times on the same course in a week, you might as well stay home because you dont have time for anything else. (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22361749) |
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Date: January 3rd, 2013 7:26 PM Author: Self-centered Burgundy Lay Laser Beams tcr. i will never understand vacations built around golfing. (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22362006) |
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Date: January 3rd, 2013 6:53 PM Author: electric french chef factory reset button Probably. (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22361771) |
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Date: January 3rd, 2013 7:12 PM Author: Beady-eyed queen of the night For me,
I know I can get a four star hotel almost anywhere for $100/night on hotwire. That's $700.
You're paying a MINIMUM of $1800 a week at this place, and if you use it like most people, probably double that. |
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Date: January 3rd, 2013 7:31 PM Author: Sooty mental disorder How credited is hotwire? I've never used it but tired of paying steep prices. Just don't want to get fucked into some "4-star" hotel that sucks donkey dick. (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22362026) |
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Date: January 3rd, 2013 7:38 PM Author: Beady-eyed queen of the night If you're really into hotels I wouldn't use it, but if you put in 3.5 or 4 stars you'll get like a Hyatt or nicer. (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22362071) |
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Date: January 3rd, 2013 6:39 PM Author: Black Federal Electric Furnace Volcanic Crater Hey man I don't know if you ever heard this before but timeshares are for suckers. (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22361712) |
Date: January 3rd, 2013 6:43 PM Author: Zombie-like meetinghouse sneaky criminal GFs parents - who are literally the worst and least sophisticated RE investors I've ever seen (despite fact dad is self-made and does really, really well for himself) - f'ing love timeshares and are bought into more than one. I think that about says it all. I wouldn't touch one in a million years - not only b/c they're for suckers, but I'd be so embarrassed to tell my friends about it. (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22361725) |
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Date: January 3rd, 2013 6:45 PM Author: electric french chef factory reset button If you use them all the time they might not be terrible... But I get bored in the same place.
Biggest concern though is that it is pre construction |
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Date: January 3rd, 2013 7:36 PM Author: Zombie-like meetinghouse sneaky criminal This is especially bad. Construction usually means more construction. The surrounding areas and town as well as your development, depending on size, could be torn to shit for the next 5-10 years. (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22362059) |
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Date: May 28th, 2017 12:21 PM Author: chrome puppy "But I get boredin the same place."
Jfc. Just rent places off Home Away. Wtf is wrong w you ppl? |
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Date: January 3rd, 2013 6:46 PM Author: amber range friendly grandma In college a buddy of mine gamed a couple of them - went to the presentation, then we made a Vegas trip out of it: just paid for the airfare and stayed in a really nice timeshare off the strip for free.
I dont think I'd ever pay for one though. |
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Date: January 3rd, 2013 6:50 PM Author: judgmental pale pit In-laws, who are blue collar, own a time share. Every now and then my wife and I use one of their weeks. The experience is SPS.
They nickel and dime the fuck out of you for services in a far worse way than the typical hotel/resort/coastal condo management company ever would. Also, they're never not trying to pressure you into buying more timeshares.
I fucking hate it. |
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Date: January 3rd, 2013 6:54 PM Author: electric french chef factory reset button To be fair, this one is about as high end as you can get. (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22361774) |
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Date: January 3rd, 2013 6:57 PM Author: Useless windowlicker Westgate Vegas? (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22361788) |
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Date: January 3rd, 2013 6:57 PM Author: electric french chef factory reset button Diamanté cabo San Lucas. Played the Davis love course. Was blown away (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22361793) |
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Date: January 3rd, 2013 6:50 PM Author: Talented Roommate Hospital Always highway robbery if buying direct
If u buy on secondary market and do your homework u can find some good deals
http://abcnews.go.com/blogs/business/2008/06/timeshare-troub/
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Date: January 3rd, 2013 6:55 PM Author: Useless windowlicker The timeshare has your money. Do they have the means and incentive to properly clean, maintain, and update the unit and the connected property and treat you well over the next 25 years? (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22361779) |
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Date: January 3rd, 2013 6:56 PM Author: tripping fiercely-loyal dragon Potentially 50 years. (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22361786) |
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Date: January 3rd, 2013 7:00 PM Author: electric french chef factory reset button Incentive? Probably not. (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22361808) |
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Date: January 3rd, 2013 7:01 PM Author: Useless windowlicker There's the rub amirite (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22361816) |
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Date: January 3rd, 2013 7:05 PM Author: electric french chef factory reset button Yup (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22361842) |
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Date: January 3rd, 2013 7:00 PM Author: lime parlour pervert yeah, nothing sounds more credited than something which a) doesn't really save you money, and b) makes you lose money if you don't visit every fucking year (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22361809) |
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Date: January 3rd, 2013 7:01 PM Author: electric french chef factory reset button One cool thing about this time share is that you don't have to pay maintenance fees if you don't use it. Which is nice. (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22361818) |
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Date: January 3rd, 2013 7:02 PM Author: Useless windowlicker Likewise hotels as it happens (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22361826) |
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Date: January 3rd, 2013 7:04 PM Author: electric french chef factory reset button I know. The only thing that makes me want to do it is that it has the 58th ranked golf course in the world and will have the first tiger golf course (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22361840) |
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Date: January 3rd, 2013 7:08 PM Author: Useless windowlicker As a friend, I recommend against it (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22361861) |
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Date: January 3rd, 2013 7:04 PM Author: Useless windowlicker We went to the Diamante GOlf Course as part of a timeshare presenation. Grounds were beautiful but do not go there unless you want your life threatened and placed at risk. When we declined the timeshare, staff became rude (typical of timeshares). The presentation was 4 hours (total with drive time because far from downtown Cabo). We waited another 30 minutes at the end to be paid what was promised to us to attend the program. Upon leaving we were followed out by the local supervisor (I thought to just make sure we left the property). However once off the main property, the "supervisor" sped up behind us and tried to run us off the road, screaming to get out of our car. The, he sped past us and stopped his car in the middle of the road trying to roadblock us. And let's just say there are a lot of empty spaces on that land to dispose of unwanted "things". I do not recommend this property to anyone. I wouldnt be surprised if it all is a scam. Nothing is built yet and a lot of empty promises. AVOID!!!! (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22361841) |
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Date: January 3rd, 2013 7:05 PM Author: electric french chef factory reset button It wasn't an aggressive presentation or sales pitch at all. And I got free golf and my wife got 200 cash (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22361846) |
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Date: January 3rd, 2013 7:11 PM Author: Useless windowlicker I'd say it can't get better than this (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22361875) |
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Date: May 28th, 2017 12:22 PM Author: chrome puppy (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#33414195) |
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Date: January 3rd, 2013 7:06 PM Author: Useless windowlicker I, of course, was lied to. I have learned to expect it. The unit I bought was supposed to be the top floor with an open atria and open air showers but now there is another floor on top of mine. It IS amazing how the timeshare industry will tell you ANYTHING if they think it will get the sale. Grand Sol Mar was especially annoying this last November 2011. They told me that the Finisterra is going to be torn down. According to the Finisterra, not true. Also told me that PBSB will never build their golf courses because Grand Sol Mar owns the property. I believe that PBSB golf courses will not be built but not because Grand Sol Mar owns them! PBSB is still telling people that the golf courses will be built "by the time you get here next year". Been saying that for 7 years now, and tried to tell me that again when I was there in November. Don't believe anything that you can't see staring you in the face. I broke my own code of never buying retail when I can buy resale because I SO LOVE the golf course and the people that currently inhabit it. I wouldn't be surprised if their amazing customer service goes to zero as the project gets fully developed. Worst case scenario, I still get to play an AMAZING golf course whenever I am in Cabo. Update: My hole in the ground, when I purchased, is now, one year later, almost complete. Albeit, without an open air atria....... (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22361854) |
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Date: May 28th, 2017 1:01 PM Author: brilliant cumskin hairy legs "with an open atria "
oh, what a singular ATRIA! |
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Date: January 3rd, 2013 7:08 PM Author: khaki indecent hell YES - under the following conditions:
a.) You buy your timeshare in the secondary market (e.g. Redweek) so you pay essentially 50% of what the initial fool did for it. There is sort of a bottom end, because most timeshares have 1st right of refusal to purchase it back first.
b.) You buy from a "Tier 1" timeshare operation, like Marriott, (but not direct, again, see point above) that give you a ton of outs in the sense that you can "trade" the annual timeshare value for weeks at different locations, reward points for free hotel stays, etc. Essentially, any easy way to monetize the timeshare on a year that you either don't use it, or don't sublet it.
c.) You buy a high value timeshare. Something like Marriott + Hawaii + annual + "red week" (meaning prime season, the example given is the HYP of timeshare value). That allows you to exchange it on marketplaces like Interval for so your 1 week in Hawaii could buy you 2 weeks at a timeshare/5-star in Bali.
d.) The annual fee is less than what you see people being able to sell their week for on EBay or Redweek. |
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Date: January 3rd, 2013 7:19 PM Author: alcoholic nowag nursing home My parents bought into a timeshare, I believe it's called "wyndam" or "worldmark."
They like it a lot. It isn't your typical 1 property, basically you buy shares or credits and you can stay at any of the locations, and they're all over the US, Canada, and Mexico. I've been to a ton of them and they're all legit nice as fuck. My parents are happy with the setup, plus I'll inherit it when they die and I'll only have to pay the minimal maintenance yearly fee.
Like the guy above me stated, it's really easy to trade shares with sister companies if you want to stay in a place that doesn't have your specific timeshare. |
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Date: January 3rd, 2013 7:21 PM Author: Flesh Hideous Ceo Crackhouse Went to a timeshare presentation with some person doing a pitch so I could get a discount on some tour. As someone who works in real estate I was able to point out how deceptive, blatantly false, or based on absurd assumptions most of their math was. The meeting ended with this women literally breaking down in tears. They sent in another person to try close but he was just a little less dumb. Left with a discount on my tour. Anyone in real estate can tell you are getting absolutely ripped if you run the numbers and understand net present value. (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22361970) |
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Date: January 3rd, 2013 7:24 PM Author: khaki indecent hell We had the woman breaking down in tears happen with us as well. I wonder if it's a common sales tactic. (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22361995) |
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Date: January 3rd, 2013 7:26 PM Author: Flesh Hideous Ceo Crackhouse Any intelligent person can completely break down their idiot finance they learned at a 4 week boot camp. Perhaps they do cry when they have lost intentionally, not sure. (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22362004) |
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Date: January 3rd, 2013 7:26 PM Author: alcoholic nowag nursing home Wait, what? A prospective buyer broke down or the presenter?
Give us the play by play. |
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Date: January 3rd, 2013 7:29 PM Author: khaki indecent hell In my case, the sales lady started to cry and stomped off after we passed on it. 50% of her conversation/sales pitch while showing us the place was about her family, etc., trying to develop some sort of emotional connection to her. The thing is, we pretty much told them upfront that we were there because of some freebe's offered to us and had no intent on buying. (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22362021) |
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Date: January 3rd, 2013 7:32 PM Author: Beady-eyed queen of the night She's probably sold 10 condos by crying before. (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22362029) |
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Date: January 3rd, 2013 7:32 PM Author: Flesh Hideous Ceo Crackhouse She started doing math on what I would be saving by buying a timeshare, this math included absurd nightly rates of 500 an hour which I said was absurd. Then she started calculating my saving via timeshare. Calculated x Weeks of vacation times 25 years and voila that number was larger than the upfront payment. I explained that her calculation didnt factor in time value of money and that you needed to discount future vacations Payments by a discount investment rate. She tried to convince me I was wrong and again i said that the calculation was criminally deceptive. She packed out crying saying "they never taught me this in the classes!" (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22362032) |
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Date: January 3rd, 2013 7:34 PM Author: khaki indecent hell This must be standard routine, we got the math class as well... (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22362042) |
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Date: January 3rd, 2013 7:36 PM Author: Flesh Hideous Ceo Crackhouse Yeah which doesn't include the net present value concept, what a scam. (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22362056) |
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Date: January 3rd, 2013 7:26 PM Author: histrionic marketing idea ticket booth i don't understand the appeal of this at all. (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22362010) |
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Date: May 9th, 2017 4:17 PM Author: marvelous medicated private investor (Not a goy) (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#33265582) |
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Date: January 3rd, 2013 7:37 PM Author: Aphrodisiac State Buy them from someone selling them. (http://www.autoadmit.com/thread.php?thread_id=2151597&forum_id=2#22362060) |
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Date: May 28th, 2017 12:58 PM Author: brilliant cumskin hairy legs They are very flame. You don't just get the week you want. You and the 52 other people who bought the time share will all be trying to reserve the same two or three golden weeks. Enjoy only getting your Cancun timeshare in December, DING FAG1
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