Morning all!
I'm new here and just wanted to understand how timeshares work.
My wife's aunt is wanting to give us her timeshare, located in French Lick, IN. As I understand it, she has a week in May sometime each year. The maintenance fees are around $498 and she's had the timeshare for around 30 years. My wife and I know nothing about timeshares, but understand that you can exchange them through RCI for different weeks during the year at different resorts. Our question is, are timeshares worth it?
We've read conflicting information online about being able to trade the timeshare for other times throughout the year. Does anyone have any advice they would be willing to share? We greatly appreciate it!
We also understand that she would be transferring her RCI membership to use, which is another $99/year.
Thanks for your time,
Lee
I'm new here and just wanted to understand how timeshares work.
My wife's aunt is wanting to give us her timeshare, located in French Lick, IN. As I understand it, she has a week in May sometime each year. The maintenance fees are around $498 and she's had the timeshare for around 30 years. My wife and I know nothing about timeshares, but understand that you can exchange them through RCI for different weeks during the year at different resorts. Our question is, are timeshares worth it?
We've read conflicting information online about being able to trade the timeshare for other times throughout the year. Does anyone have any advice they would be willing to share? We greatly appreciate it!
We also understand that she would be transferring her RCI membership to use, which is another $99/year.
Thanks for your time,
Lee
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