Quote:
Originally Posted by dewilson58
For those who have one and are enjoying.
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I've owned a 1 bedroom unit in Kissimmee for 40 years. I paid $3000 for it and my maintenance dues have risen from $400 to just under $600. I've traded it for a weeks in Europe, Vermont, and I traded for a week in Hawaii for our honeymoon, but mostly we've used the week at our home resort because my family liked amusement parks.
Now that we own a home in The Villages, we may rejoin the trading organization and start using the week for vacations in other areas.
If someone buys a timeshare as an investment property, they will be sorely disappointed. Used timeshares are almost impossible to sell, some of them you can't even give away. If on the other hand you find one at a reasonable price in a location that you want to visit on a regular basis it can be a good purchase.