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Don't buy a timeshare. It's the worst deal they can do.

Fido Chuckwagon said:
Yeah but in 20 years, even with the most conservative board imaginable, inflation necessitates some kind of increase just to keep the resort maintained and not falling apart. Add in rising insurance costs, rising payroll costs, etc., I am still failing to see how this is possible. I feel like there’s got to be something else missing from this equation. Congratulations on owning here though.
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I had to look it up, but i bought my 1st unit in 2019. It had a $600 mf then. It is still that now. Past that i can only assume what ive heard from other owners and board members is true. One yr. when they started charging resort fee they lowered mfs $25 but just for one yr. Sad they did that for people trading in though. Doing the math $600 per unit X 50wks = 30,000. 100 units = 3,000,000. 50 units = 1.5mil Just round figures. It does not cost that much to maintain what they have. Therefore they are constantly upgrading something every year. In the short time i have been their they have put new roofs on all 4 buildings with 40yr guarantee. Put in a putt putt coarse a play ground for the smaller kids, replaced the king beds in all the units, put all new refridges and stoves and back splashes, during covid put in auto sanitizers. This year they are redoing the hot tub and putting in splash pad for kids.
Thats off the top of my head, probably more. They have an owner meeting most weeks and will tell you how much they brought in and what expences were. The only real question is what are all these corporate timeshares doing with the money they take in when they are charging 3 times that amount or more. By the way Magic tree is gold crown and i dont see them loosing that status, like some have.
 
jp10558 said:
As far as I can tell, sfxresorts is an exchange network, so would still need a timeshare to exchange into it?
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I'm think you would buy weeks and last minute deals, not exchange.

Again, some require ownership to get registered, but according to some posts, don't necessarily check if you sell.

The timeshare game is just so complex. I think you find what works for you and roll with it. No need to get the absolute best deal, but 50-80% off retail and enjoy.
 
4TimeAway said:
I'm think you would buy weeks and last minute deals, not exchange.

Again, some require ownership to get registered, but according to some posts, don't necessarily check if you sell.

The timeshare game is just so complex. I think you find what works for you and roll with it. No need to get the absolute best deal, but 50-80% off retail and enjoy.
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Ok, but do you see how this isn't a way to *not buy a timeshare*, it's at best a way to keep using last minute deals etc after buying and then selling a timeshare. That was my question, how one could do this without ever buying a timeshare (what I thought the point of the OP and this discussion was). Sorry for my confusion.
 
jp10558 said:
Ok, but do you see how this isn't a way to *not buy a timeshare*, it's at best a way to keep using last minute deals etc after buying and then selling a timeshare. That was my question, how one could do this without ever buying a timeshare (what I thought the point of the OP and this discussion was). Sorry for my confusion.
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I think it is totally doable. https://www.sfxresorts.com should match that requirement.

You have to call them and get a free Gold Membership, but I don't recall TS Ownership as a prerequisite. The Plat upgrade is reasonable if you buy 10 years. The selection looks iffy at the Gold Level, but there are last minute deals that seem inline with MF's. You don't "own anything" so all your money is at risk, but the fee is modest and one vacation would make you whole worstcase.

If you have a friend that owns a timeshare, or has served in the military.... The other options open up and seem better. You have to be creative and work the system. Its a whole nother game that you'd have to learn.

I'm not an expert, so there may be things I am not aware of.
 
This is another situation where the OP joined, made 1 post, then has never returned since.
 
Sandy VDH said:
This is another situation where the OP joined, made 1 post, then has never returned since.
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It was just a rant based on a bad experience and they think their post is going to change the world...
 
what you write sounds good
however Capital Vacations is the
management company.
that does not sound good.
 
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