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My Survey

Discussion in 'New to Timesharing? Look Here!' started by skywings, Dec 1, 2018.

  1. skywings

    skywings Guest

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

    No.

    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?

    I think I'll visit my home resort (if the plan includes one) only a few times. I think I'll enjoy different locations for each vacation.

    3) What are your 5 top trade destinations?

    I currently live in Hong Kong and would like to primarily visit Asia Pacific destinations that's are more accessible to me.

    Meldives, Thailand, China, Japan, Australia.

    4) How many people do you usually travel with?

    Right now mostly my wife and me. Occasionally plus my parents.

    5) Can you travel any time, or are you locked into the school schedule?

    Any time. But I usually want to visit in the best season of a place.

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

    That's impossible for me.

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

    Yes. But more flexible option is a plus.

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

    4-5 star places.

    9) How much can you afford to spend upfront, without financing?

    I can afford spending say $100000 dollars if it's something really attractive. But I probably won't want to spend more than $20000 or $30000.

    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?

    Thousands wouldn't be a problem but it feels weird to me if maintenance fee becomes a non-negligible part of total cost.

    11) Are you a detail oriented planner?

    Probably not.

    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.
     
  2. DeniseM

    DeniseM Moderator

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    You are definitely not a good candidate to buy a timeshare:

    US resorts have very few properties in the areas you want to visit and trading out of the country is difficult.

    If you can't plan 12 mos. in advance, you will always be choosing from the left overs.

    Maintenance fees are always a non-negotiable part of total cost - and they increase every year.

    You will find timesharing very frustrating if you aren't a detailed oriented planner.
     
  3. skywings

    skywings Guest

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    Thank you for your reply! I am actually still confused with basic concepts. What are the differences between "timeshare", "vacation clubs", and "destinations clubs" or are they roughly the same thing? (Sorry I tried to google this but didn't get clear answer.) I thought in "vacation clubs" one buys a bunch of points in advance and use them to redeem stays in that club's resorts (and possibly some other club's resorts through some exchange network). So ideally if such a club exists with plenty of destinations in Asia Pacific area I would love to consider.

    Thank you!
     
  4. vacationtime1

    vacationtime1 TUG Member

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    Resorts Owned:
    MAW & MKW (Kauai)
    WKORV-OF (Maui)
    WKV x3 (Scottsdale)
    "Timeshares", "Vacation clubs", and "Destination Clubs" overlap and the names often have much more to do with marketing than substance. Points are definitely the current trend, but there are many other forms of ownership (fixed weeks, floating weeks, etc.). Look to the substance, not the label.

    I cannot help with any specifics about what programs might work for you geographically, but remember that the flexibility of points often comes at a high price (compared to weeks ownerships) and that one should almost never buy directly from the developer; the resale market is a fraction of the cost.
     
  5. DeniseM

    DeniseM Moderator

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    The terms are interchangeable, but in general there are timeshare systems where you own a deeded property - usually in increments of 1 week. There are other systems where you own a certain number of points. And there are other systems where you own a club membership. The clubs are not well-regarded, because they are often sold as having access to great properties, and then after someone buys a membership, they find out that they have been scammed. I don't think TUG has much info on Asia Pacific timeshares or clubs, because we don't have many members from that area.
     
    Last edited: Dec 2, 2018
  6. skywings

    skywings Guest

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    Thank you for the useful information!
     

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