Hello! I posted this in the general thread but they said this would be a good place to ask specifically about this resort.
I am very new to timeshares. I live near Apple Mountain HICV https://www.ihg.com/holidayinnclubvacations/hotels/us/en/clarkesville/toccv/hoteldetail#. Every once in a while the local paper lists a slew (I think the last I saw had about 30) foreclosures that they say will be sold at the local courthouse. I am interested if pursuing one of these is a good idea. A few questions. One of the reasons I am thinking of buying locally is I have five children and believe my family can use the pool there year round, but I need to confirm.
Things I know I would need to do:
1. Tour the resort and find the unit I want.
2. Only purchase the right week for my schedule.
3. See how many years are left on the contract. I am not sure if there is a sunset here like 30 years or something.
Questions:
1. General thoughts on buying foreclosures to entering into the timeshare world? Do they actually auction these at the courthouse?
2. Any advice on what I should be aware of?
3. Is HICV a good system?
Thanks!
I am very new to timeshares. I live near Apple Mountain HICV https://www.ihg.com/holidayinnclubvacations/hotels/us/en/clarkesville/toccv/hoteldetail#. Every once in a while the local paper lists a slew (I think the last I saw had about 30) foreclosures that they say will be sold at the local courthouse. I am interested if pursuing one of these is a good idea. A few questions. One of the reasons I am thinking of buying locally is I have five children and believe my family can use the pool there year round, but I need to confirm.
Things I know I would need to do:
1. Tour the resort and find the unit I want.
2. Only purchase the right week for my schedule.
3. See how many years are left on the contract. I am not sure if there is a sunset here like 30 years or something.
Questions:
1. General thoughts on buying foreclosures to entering into the timeshare world? Do they actually auction these at the courthouse?
2. Any advice on what I should be aware of?
3. Is HICV a good system?
Thanks!