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My Survey

Discussion in 'New to Timesharing? Look Here!' started by CTF2006, Jul 12, 2018.

  1. CTF2006

    CTF2006 TUG Member

    Joined:
    Jul 7, 2006
    Messages:
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    Location:
    Houston, TX
    I can't thank you all enough for all your help! You saved us from a $23,000 mistake! We just rescinded our TS contract. Now for getting educated and making a wise decision.

    1) Is there a vacation destination you wish to visit most of the time or on a regular basis? if so where?

    We live in Texas and have rented from Hyatt Wild Oar Ranch several times. debating between owning there - which we're kind of tired of but its close and Hyatt Beach House which I don't think we'd get tired of the Keys but we'd always have to fly. If anything happened financially, that may not be a good thing, but we could always trade for closer resort with II within driving distance like Destin.
    Florida - Summer
    Colorado - Winter & Summer


    2) Do you want to visit your home resort at least half the time, or do you want to trade more than half the time?
    At least half

    3) What are your 5 top trade destinations?
    Florida
    Colorado
    Any Tropical Island - Not too picky
    California
    Italy


    4) How many people do you usually travel with? 3-4ppl We have one son in college and one will be in 4 yrs.

    5) Can you travel any time, or are you locked into the school schedule? School Schedule but only for 4 more years

    6) Can you make firm plans 12 or more mos. in advance? Yes

    7) Can you vacation for a full week at a time? Yes

    8) What level of accommodations do you prefer on a scale of 1 to 5 stars? 4

    9) How much can you afford to spend upfront, without financing? $2,000 (We just rescinded on Hyatt Wild Oak Ranch $23,000 for 1100 pts. Now we would ideally like $4-$8000 for 2000-2200 pts.

    10) How much can you afford to spend every year for a maintenance fee that will come due right after Christmas, and increase each year? $1,200

    11) Are you a detail oriented planner? Yes

    12) Do you understand that once you buy a timeshare, it may be very difficult to sell or give away, and you are responsible for all fees, until you do? Yes
     
    Last edited: Jul 12, 2018
    mpumilia likes this.
  2. bbodb1

    bbodb1 TUG Member

    Joined:
    Apr 9, 2016
    Messages:
    857
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    Location:
    Northern Hemisphere
    Resorts Owned:
    RCI Weeks: LaCosta Beach Club (Pompano Beach, FL), RCI Points: Oakmont Resort (Pigeon Forge, TN), Vacation Village at Parkway
    Wyndham: CWA and La Belle Maison
  3. Panina

    Panina TUG Review Crew: Expert TUG Member

    Joined:
    Jul 13, 2015
    Messages:
    2,651
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    298
    Location:
    USA
    Resorts Owned:
    Hgvc Eagles Nest, Hgvc Surf Club, Hgvc Indian River, Hgvc Anderson, Sunrise Bay & Club, Chetola, Gulf Tides, Jade Tree Cove, Banyan Resort, Blue Ridge Village
    If I understand correctly and you have $2000 available and you would finance the rest this is not the time to buy. Never finance a timeshare. It means you can’t afford it.
     
    mpumilia likes this.
  4. vacationtime1

    vacationtime1 TUG Member

    Joined:
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    Location:
    San Francisco
    Resorts Owned:
    MAW & MKW (Kauai)
    WKORV-OF (Maui)
    WKV x3 (Scottsdale)
    I saw that and thought it had to be a typo.

    But if not, Panina is right; never finance a timeshare. If you cannot pay cash, wait until you can (at least).
     
    Panina likes this.

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