paffel22
newbie
My family and I just got back from vacation at the Reef Playacar in Playa del Carmen, Mexico. We participated in our first ever timeshare presentation. And after a lot a questions, became a "member" of the resort. The timeshare is through Interval International/Diamond Travelers. We have four floating weeks of travel, comprised of two 2-bedrooms, and two standards. We paid about 3500 upfront, and have to pay the remaining 9000 within two months. It's a 25 year contract.
We can travel to any II property and will pay between 199 and 999 per week for our family of four. (We were told the 999 is comparable to a high end property overseas.) We can also get 40% off of airfare through the travel agency, Diamond Travelers.
We only travel once a year for a week, and prefer all-inclusives. For the remaining three weeks, a marketing firm (RMS) will market the remaining weeks and pay us $2000 for the 2-bedroom, and $900 for each standard. This marketing firm will cost us $599 up front. All maintenance fees were waived.
To us, the math makes sense. However, I am very nervous and would like to know what others who actually have a timeshare think. I have been spending way too much time attemting to research timeshares on the internet. Sounds like there are good and bad... Please help!! -+
We can travel to any II property and will pay between 199 and 999 per week for our family of four. (We were told the 999 is comparable to a high end property overseas.) We can also get 40% off of airfare through the travel agency, Diamond Travelers.
We only travel once a year for a week, and prefer all-inclusives. For the remaining three weeks, a marketing firm (RMS) will market the remaining weeks and pay us $2000 for the 2-bedroom, and $900 for each standard. This marketing firm will cost us $599 up front. All maintenance fees were waived.
To us, the math makes sense. However, I am very nervous and would like to know what others who actually have a timeshare think. I have been spending way too much time attemting to research timeshares on the internet. Sounds like there are good and bad... Please help!! -+