I Share, You Share, Time Share

[dXTC]

Seems like a big waste of money

...And another person is immunized against the whirlwind facility tours and slick sales pitches.

As Huntn described in his latest post, it's a whole bunch of money for a little bit fancier hotel room 1-2 weeks a year. If my mother-in-law hadn't "gifted" my family with a couple of weeks' worth of stays, I would never have set foot on the grounds.

 

[Huntn]

...And another person is immunized against the whirlwind facility tours and slick sales pitches.

As Huntn described in his latest post, it's a whole bunch of money for a little bit fancier hotel room 1-2 weeks a year. If my mother-in-law hadn't "gifted" my family with a couple of weeks' worth of stays, I would never have set foot on the grounds.

One of the big selling points is that hotel rooms are perishable, but with time share you have an asset that can be passed down, except as I pointed out to the salesperson, an asset with an obligation, $1200 a year and scheduled to go up every year. If I was to ask my son if he wanted this "asset" most likely he'd say no thanks.

 

[nesipoo86]

It is something they can and have sued over. Though, they rarely do it anymore. The worst case scenario is putting some type of lien on your house. But in most cases, it's just a credit ruiner. Most ownership groups won't take the warranty deed back, just as your mortgage company wouldn't take your house back with no questions asked. Most people just pay a flat $500 or $1000 to companies who allow you to sign over the deed. These companies will then turn around and try to sell them for a few bucks profit. It really is pretty easy to get these things for almost nothing.

Is there anyway I can contact you please! !

 

[Huntn]

Timeshare Encounter Vol.3-

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This Hawaii trip we are on is a 6 Day 5 night stay at the Hilton Waikoloa Resort. $2400 airfare out of my pocket, and 20 hrs to get here. I reserved it in 2019 when it was offered as a timeshare deal, listen to a 2 hr presentation and get the stay normally $900 per night for $900 total and includes a car rental. Since I had turned down the last presentation 7 years ago in Honolulu, I thought my wife and I were in the same page about timeshares, but then she joined in with the sales person.

Why are we on this vacation in 2022? COVID.

What they were offering was a 1 Bedroom package, with 7800 pts, every other year for about $22k up front, $1425 every other year maintenance fees, 20000 extra pts, and some other fees and a large RCI network of places included in the package, around the world. Plus I’d get a deed.

Of course I had concerns, among them was what happens if you have a life changing event and need to sell it. We are inundated back home with adds from people who offer to help you for a free, dump your time share because I’ll assume it is difficult to do.

The saleslady assured me that Hilton would buy it back, but no price was guaranteed. I still said no, because all these points seem like a good deal, except they expire, and burning them means going on more vacations than we want too per year, I’m not thrilled enough with the Big Island to have this as a home base, and everything in this resort is 2-4x as expensive than in the real world. Here is another issue, we are getting older, we are not going to burn it up going on vacation at Hilton properties, and I don’t want to feel like I’m now obligated to go on vacation as a result of a financial obligation. Plus I,like to seek out deals.

Yet despite this, I finally said ok because I was going to talk to legal during the sign up. During this portion, I asked about buy backs, and the only comment in the contract was that Hilton, has first right of refusal, nothing about we will buy back tour timeshare, and one thing the saleslady said was that in Florida there were issues selling timeshares, but Hawaii was magic, even though the resort sits out on a lava plain, and there was an orange volcano alert today. At this point I dug my feet in, said no, and my wife would not talk to me for an hour.

Anyway, no regrets. I suggested we buy a piece of jewelry tomorrow for her and I’ll still come out ahead of the $2700 down payment.

 

[Apple fanboy]

Timeshare Encounter Vol.3-

View attachment 1972073​

This Hawaii trip we are on is a 6 Day 5 night stay at the Hilton Waikoloa Resort. $2400 airfare out of my pocket, and 20 hrs to get here. I reserved it in 2019 when it was offered as a timeshare deal, listen to a 2 hr presentation and get the stay normally $900 per night for $900 total and includes a car rental. Since I had turned down the last presentation 7 years ago in Honolulu, I thought my wife and I were in the same page about timeshares, but then she joined in with the sales person.

Why are we on this vacation in 2022? COVID.

What they were offering was a 1 Bedroom package, with 7800 pts, every other year for about $22k up front, $1425 every other year maintenance fees, 20000 extra pts, and some other fees and a large RCI network of places included in the package, around the world. Plus I’d get a deed.

Of course I had concerns, among them was what happens if you have a life changing event and need to sell it. We are inundated back home with adds from people who offer to help you for a free, dump your time share because I’ll assume it is difficult to do.

The saleslady assured me that Hilton would buy it back, but no price was guaranteed. I still said no, because all these points seem like a good deal, except they expire, and burning them means going on more vacations than we want too per year, I’m not thrilled enough with the Big Island to have this as a home base, and everything in this resort is 2-4x as expensive than in the real world. Here is another issue, we are getting older, we are not going to burn it up going on vacation at Hilton properties, and I don’t want to feel like I’m now obligated to go on vacation as a result of a financial obligation. Plus I,like to seek out deals.

Yet despite this, I finally said ok because I was going to talk to legal during the sign up. During this portion, I asked about buy backs, and the only comment in the contract was that Hilton, has first right of refusal, nothing about we will buy back tour timeshare, and one thing the saleslady said was that in Florida there were issues selling timeshares, but Hawaii was magic, even though the resort sits out on a lava plain, and there was an orange volcano alert today. At this point I dug my feet in, said no, and my wife would not talk to me for an hour.

Anyway, no regrets. I suggested we buy a piece of jewelry tomorrow for her and I’ll still come out ahead of the $2700 down payment.

I think you should save your money for the divorce lawyer!
Why is your wife so keen? That comes across in all your posts!
My wife refuses to go on holiday so I’ve not had one in years. I must be saving a fortune!

 

[satcomer]

90 percent of Marriges seem to fail in 25-20 cycle! So married guys and working girls, make s secret bank account your sure your suppose doesn't know about! Me math Professor did that when I was taking his class and he saved up to half million in secret bank account in his divorce his ex-wife never knew about by having all mail sent to his office!

 

[Apple fanboy]

90 percent of Marriges seem to fail in 25-20 cycle! So married guys and working girls, make s secret bank account your sure your suppose doesn't know about! Me math Professor did that when I was taking his class and he saved up to half million in secret bank account in his divorce his ex-wife never knew about by having all mail sent to his office!

Pretty sure that’s illegal. I’m married for life. Mrs AFB is my soulmate and I’m her’s.

 

[Huntn]

I think you should save your money for the divorce lawyer!
Why is your wife so keen? That comes across in all your posts!
My wife refuses to go on holiday so I’ve not had one in years. I must be saving a fortune!

We argue frequently, we see things so differently but have been together for 42 years, neither one of us will pull the cord, but that is not to say we are constantly miserable, we have our ups and downs and a commitment to one another. Aging together without a doubt has effected the chemistry of our relationship As neither one of us seem happy about it, but it’s better than the alternative. Of interest, when she was mad at me, she was arguing for my points too, lol. She was just not happy how long we were in that office while on vacation! ?