• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 30 years!

    Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered 24 hours a day!
  • TUG started 30 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 30th anniversary: Happy 30th Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    Free memberships for every 50 subscribers!

    Visit TUG on Youtube!
  • TUG has now saved timeshare owners more than $21,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $21 Million dollars
  • Sign up to get the TUG Newsletter for free!

    60,000+ subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    All T-shirt options here!
  • A few of the most common links here on the forums for newbies and guests!

New Waterside Owner

ehedinman

TUG Member
Joined
Mar 13, 2012
Messages
6
Reaction score
0
Points
211
Location
Grand Prairie, TX
Hi All

we just finished the process of buying, on Ebay through CJ Timeshares Labor Day week at Waterside ( annual three bed room). I will admit that I had some fear and trepidation as the process went on, but I read so many good things that folks had to say about Waterside - and I have been intrigued by timesharing for years, that I finally did it. My wife was quite the sceptic right until the deed was finally recorded...

the folks at CJ and Timeshare Closing were patient answered my questions and worked with me through the process.

As many of you have noted I was not thrilled with paying three years of Maintenance fees upfront, but I got such a great deal, and having the fee pre paid for the next couple of years made it worthwhile.

The great thing for my family is that we have several family members who live in the south east and this will be a great gathering spot for us to hang out - and I love to hit the bays for specs and reds.

I know that in the future I will have lots of questions about trading, and if someone could tell me the TPU value for my week with RCI and what types of resorts I can trade for I would appreciate it. I think we will probably stay there for the first couple years - but who knows?

As you can tell this is my first time share - but it seems they are like tatoos and multiply.

this is also my first TUG post, and am quite happy to join the club

Eric
 

presley

TUG Review Crew: Expert
TUG Member
Joined
Aug 20, 2011
Messages
6,313
Reaction score
1,121
Points
448
I've never heard of paying 3 years of MFs upfront when buying a TS. What was the purpose of that?

P.S. Welcome to TUG.
 

ronparise

TUG Member
Joined
Feb 10, 2011
Messages
12,664
Reaction score
2,134
Points
548
I've never heard of paying 3 years of MFs upfront when buying a TS. What was the purpose of that?

P.S. Welcome to TUG.

Seems to be the preferred method for a number pf resorts to try to deter the PCCs
 

matbec

TUG Review Crew
TUG Member
Joined
Dec 4, 2007
Messages
359
Reaction score
9
Points
378
Location
GTA, ON, Canada
Hi, Eric!

Welcome to TUG! We, too, own at Waterside and like using our weeks (yes we have 2 spring weeks, back-to-back, in the same unit). We love it there! Congratulations on your purchase!

Your 3BR week is valued at 26 trading power units (TPUs), according to the RCI deposit calculator, if you deposit it with RCI at 9 months out. If you deposit the week within that 9 month timeframe, then the TPUs are fewer. Right now, if you deposit your 2012 week, it would only get 23 TPUs, but if you deposit your 2013 week, you'd get 26 TPUs. Depending on where and when you'd like to go, and with enough planning time, this number of TPUs can get you an exchange.

Learning how to navigate RCI can take a while, so hope you stick around and read up on some of the valuable information that's available here.

Hope that helps.
 

Beefnot

TUG Member
Joined
Oct 1, 2011
Messages
3,779
Reaction score
62
Points
284
Location
Los Angeles, CA
I've never heard of paying 3 years of MFs upfront when buying a TS. What was the purpose of that?

P.S. Welcome to TUG.

Even better when the 3 years are paid for you by the seller :D
 

gnipgnop

TUG Review Crew: Expert
TUG Member
Joined
Aug 23, 2005
Messages
1,838
Reaction score
161
Points
424
Location
Pennsylvania
ehedinman ~ Please read my post under EXCHANGING
Just Got The Royal Screw From Rci Gnipgnop
 

Gophesjo

TUG Review Crew: Veteran
TUG Member
Joined
Sep 6, 2011
Messages
906
Reaction score
18
Points
229
Location
Phoenix
Wonder what is easier to get rid of - a tattoo or a timeshare?:hysterical:
 

elaine

TUG Member
Joined
Jun 8, 2005
Messages
5,174
Reaction score
2,093
Points
648
Location
DC
Resorts Owned
HGVC Eagles Nest, DVC-AKV, HHI
welcome. Waterside is a nicely maintained property in a great location with reasonable annual fees. We traded 2X via RCI and liked it so much that we bought a 3BR (resale) about 7 years ago. You will love it. We also have family in Fla and GA and we use it for annual family gatherings, as well. Elaine
 

BarCol

TUG Member
Joined
Jun 6, 2005
Messages
738
Reaction score
3
Points
228
Location
Collingwood, ON
welcome and congratulations on your waterside purchase - we too own there -0 sadly just EOY, but we love that resort - it's location is perfect for us, the unit and resort upkeep and amenities and fine. We always enjoy our vacation there...
 

dukebigtom

TUG Review Crew: Veteran
TUG Member
Joined
Apr 12, 2008
Messages
215
Reaction score
12
Points
378
Location
Middletown, DE
Congratulations! I'm also glad to see these affirming responses. We're headed to Waterside the end of this month in a three bedroom. It is our second trade into the resort. Loved it the first time. One of a few I'd consider buying if the price were right!

BigTom
 

BarCol

TUG Member
Joined
Jun 6, 2005
Messages
738
Reaction score
3
Points
228
Location
Collingwood, ON
Big Tom - keep looking on Ebay - and as well one of Tuggers just contacted me with a week 12 in a 2 bedroom that he wnats to gift over..PM me if interested - I have no interest beyond informarion this type of thing
 

ehedinman

TUG Member
Joined
Mar 13, 2012
Messages
6
Reaction score
0
Points
211
Location
Grand Prairie, TX
My wife would like to go to Hawaii next year - sometime in the spring, but probably after whale watching season.

Will 26 TPU get us to a nice resort, preferably on a beach? Or would a be better off using DAE or SFX

From the reading I have done the two smaller companies have some good things going for them, but I live in TX and could probably use some of RCIs other features
 

randster2

TUG Member
Joined
Feb 5, 2006
Messages
164
Reaction score
4
Points
378
Location
Columbus, Oh
I just bought a 3 bedroom Waterside unit floating time. What is the process to book a summer week? Is it difficult to get the week you want? How early should I book the unit? Also, I was not planning on paying 3 years of maintenance fees. I hope this is not necessary. Are there discounts on rental rates? Thanks.
 

elaine

TUG Member
Joined
Jun 8, 2005
Messages
5,174
Reaction score
2,093
Points
648
Location
DC
Resorts Owned
HGVC Eagles Nest, DVC-AKV, HHI
Many book summer weeks the year prior. Shoulder weeks---early June, late Aug. might have more availability. We love Waterside. Welcome. Elaine
 

wrb1000

TUG Member
Joined
Apr 8, 2011
Messages
16
Reaction score
0
Points
211
Waterside questions

I am also a recent purchaser at Waterside (last year) and own a 3 bdrm. We have previously exchanged into a 2brm and really liked the resort and the surroundings. My question is: are there 3 bdrm. units that are more preferable than others? And if so, can they be requested at check-in - assuming they are available with first come, first served?

My second question is that, as part of the flexible ownership, which of the three resorts is most desirable? They all seem to have their own pros and cons.
For the record, I had to prepay $1500 towards future MFs. Kinda like overpaying your taxes to Uncle Sam - it eventually comes back to you.

Thanks!
 
Top