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What should I buy - newbie survey!

Discussion in 'New to Timesharing? Look Here!' started by colmenares3, Jun 17, 2018.

  1. colmenares3

    colmenares3 Guest

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    Hi all,

    I've heard about TUG for years, and am a little intimidated to post. Y'all have a very good rep, so I know I'll get some no-nonsense, frank advice. Thanks in advance.

    We own a couple DVC contracts (both resales), but I've shied away from other timeshares. Now my husband is interested in more regular vacations in Colombia, where he spent time as a kid (his parents were Colombian). He wants to buy a small condo, but I think a time share is really more what we should do - less responsibility. So here goes with my survey.

    1) Is there a vacation destination you wish to visit most of the time or on a regular basis? if so where?
    Colombia - primarily Cartagena and Medellin

    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?
    Home resort, if we can figure out the best one for us in Cartagena.

    3) What are your 5 top trade destinations?
    Well, Colombia, and probably apart from that, we'd favor US, Canada and Centra/South America destinations.

    4) How many people do you usually travel with?
    Right now it's just my husband and I. We have a 21 yo son, who at some point when he has a family might start traveling with us again, but a max of two rooms would suffice, I think.

    5) Can you travel any time, or are you locked into the school schedule?
    We're very flexible. Probably most interested in summer travel, though, to get away from the summer heat in Tennessee.

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

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

    8) What level of accommodations do you prefer on a scale of 1 to 5 stars?
    I would say 3-4. We like Old Key West at DVC -- is that 3-4?

    9) How much can you afford to spend upfront, without financing?
    We would not finance. I'm not sure how to even answer that, as I only know DVC pricing.


    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?
    $600? We could definitely do $50 a month. Probably more.

    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. I'm spoiled by owning DVC (we had three contracts and sold one in under 24 hr). I'm a little unsure about resale of other timeshare properties.
     
  2. jlp879

    jlp879 TUG Review Crew: Expert TUG Member

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    I have never seen a timeshare request for exclusively another country, and I was stumped. I looked in the II online directory for Colombia. Same for RCI. You can access their resort directories online without having a membership. These are the two largest trading companies, so their inventory is reflective of what kinds of trades you could get to Colombia and Central American countries.

    I would look at the properties in the online directories available for Colombia and check first if their locations and amenities would work for you before you begin to find something to purchase.

    Not knowing how reliable trading for that area would be, I guess you could always stick with the old adage 'buy where you want to go'.
     
  3. Passepartout

    Passepartout TUG Review Crew: Veteran TUG Member

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    I think that if you are mostly concerned with going to Colombia, that's where you should buy. And if you get a fixed week, you don't even need to plan. You just know that on (date certain) you will be going to Colombia. Every year. Now, I found 16 resorts in Colombia on RCI, a couple in Cartagena, San Andres Island, Santa Marta, principally. ALL of them are MANDATORY ALL INCLUSIVE. You might contact them and see if any have resales, or just watch and wait on TUG, EBay, Redweek. It's might be a thin market. Good Luck, and Welcome to TUG. We're a friendly bunch, so stick around and make some new friends.

    Jim
     
  4. colmenares3

    colmenares3 Guest

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    Thanks, Jim and Janice. I appreciate the input. I had been looking at RCI, but didn't realize the Colombian ones were all-inclusives. I don't think that would work for us. :ponder: We're more get-out-and-get-to-know-the-community types. Especially as we both speak Spanish fluently.
     
  5. Passepartout

    Passepartout TUG Review Crew: Veteran TUG Member

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    Some AI TSs are only mandatory for exchangers while owners can decline. Admittedly, I was looking at exchanges on RCI. If you happen across a resale- or have your eye on a resort that interests you, I'd contact them directly to see if that's the case. An amazing thing about timeshare contracts- they can say vastly different things- depending on what the developer gives up to make the sale.
     
    RNCollins likes this.
  6. colmenares3

    colmenares3 Guest

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    OK, that's good to know. Thanks. I need to do some more reading here, as it's a bit like you're talking in a foreign language. :) I'll get there!
     
  7. silentg

    silentg TUG Review Crew: Expert TUG Member

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    colmenares3 likes this.
  8. Passepartout

    Passepartout TUG Review Crew: Veteran TUG Member

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    Yeah, sometimes the acronyms that we are used to are like a shorthand without a key. Like MF- maintenance fees, AI- All Inclusive, RCI or II, the 2 biggest exchange companies. I think we tried to set up a sticky, but the acronyms get away from you without a way to alphabetize them.
     
    colmenares3 likes this.
  9. Passepartout

    Passepartout TUG Review Crew: Veteran TUG Member

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  10. silentg

    silentg TUG Review Crew: Expert TUG Member

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    If you scroll down the page....the prices are lower
     
  11. wrobinson

    wrobinson Guest

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  12. wrobinson

    wrobinson Guest

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    I am a former timeshare sales and marketing executive and can guide you towards what to do.

    I must say that the TUG folks know what they'r walking about and their advice is sound. The questions that they asked are great. However, as a former sales and marketing executive, I can give you an "inside scoop."

    First, it all depends on how you want to use it. NEVER buy on a timeshare presentation if you can buy on the resale market. You got that! You will usually pay less and you have more time to review everything without being rushed. You can ALWAYS go back to the resort and buy at the same price, or less. They all have a bottom line.

    Second, if you can buy a fixed week, that will guarantee your stay without any "availability" hassles.

    I must agree with you to buy a timeshare rather than a condo. You want to ensure that the two of you are going to enjoy yourselves there regularly. Before, you even buy the timeshare, rent on VRBO or through Airbnb just to make sure that you're going to like the place.

    I heard Columbia is beautiful and the negative image it had in the past is gone.

    Buenas Suerte. (Good luck!)
     

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