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DRI Newbie- Sedona

roll30

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Another Newbie here looking for direction(s).

My wife and I went to Sedona and attended a sales presentation at the DRI Ridge on Sedona Golf Resort. We have a contract for the US Collection, 6000points, The Club membership etc. Cost is Approx $20K. We like the concept as it seems a good fit for us and the company seems okay and (maybe) getting better. I cannot find any comps on ebay or elsewhere to help me evaluate the deal. We have some time to rescind.

Thoughts. (Be gentle.)

Gracias
Bob
 

Passepartout

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Rescind. You can buy resale into Sedona for a buck on eBay and any number of other places. Rescind that one for now and study timeshareing here. If it turns out to be the exact TS you want at the price you want to pay after learning some, you can still buy a developer week.

Welcome to TUG!

Jim Ricks
 

eal

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There are five Sedona timeshares on sale on ebay right now. They range in price from $49.94 to $1. Get your $20,000 (twenty THOUSAND!) back immediately!
 

puppymommo

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Rescind. You can buy resale into Sedona for a buck on eBay and any number of other places. Rescind that one for now and study timeshareing here. If it turns out to be the exact TS you want at the price you want to pay after learning some, you can still buy a developer week.

Welcome to TUG!

Jim Ricks
I agree wholeheartedly with Jim. Rescind! You will never regret it if you do and may well regret it if you don't.

With some research you will find the right timeshare (probably resale) for you.

Welcome to TUG

Susan F.
 

nonrevking

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Rescind

We purchased at DRI property on E-Bay for $500...it's currently in ROFR awaiting a response. Defintely RESCIND your offer and purchase resale on E-Bay, etc.

Good luck!
 

nightnurse613

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OK, the responses you received were about as gentle as can be. You need to rescind (have we repeated that enough?) - you only have a few days. Then you need to read some of the many discussions and articles on Buying a Timeshare. As a member of DRI, I can tell you they are making significant improvements but at a cost (MF). You need to look at some other exchange systems. What do you want from your timeshare? Do you want to go to Sedona? Then buy a Sedona timeshare ON THE RESALE that has the week you want. We used this strategy: we bought RESALE several DRI managed properties (Villas of Sedona, Sedona Golf Resort, Scottsdale Villa Mirage, etc) and used them and joined RCI to exchange to other places. Got fed up with RCI, went to the Sedona Summit TS presentation (say it isn't so!!) and wound up buying a very small number of points in their US Collection for less than $3K and they agreed to add in our other resorts which gave us a healthy number of points. There are several different approaches but, spending $20K will not provide any value. Welcome to TUG and Good Luck!:wave: Please feel free to PM (click on my user name) if you have more questions.
 

roll30

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The rescission has been faxed and mailed

Thank you all for your advice.

My wife and I rescinded this afternoon via certified mail and fax. Now we need to sort out what to do next. We have become excited about timeshares as being the right way to go for us. The Sedona area seemed like a good fit and the points notion too. We live in Seattle so now we need to see if there are any decent places in the Pacific Northwest as well.

Your continued input and good thoughts are appreciated...and we do try to listen.

Be well everyone!
Bob
 

Passepartout

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Bob, you mentioned golf. You might consider Eagle Crest at Redmond OR. They are all around a golf course. Really nice units, fairly easy driving distance, multi-affiliated, I think. I am not an owner there, but have exchanged in. Much drier than Seattle :)

Another good choice for NorthWesterners is Worldmark. It's associated with Wyndham and they are nice properties, many in the NW.

Yet another choice is VacationInternationale. http://www.viresorts.com/ I own one of these at Sedona- there are 3. This is a very well managed mini-system.

These can be bought resale.

Glad you were able to rescind. Study some and Welcome to TUG! We are just a bunch of mostly happy vacation addicts.

Jim Ricks
 
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roll30

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Thanks Jim-

I really appreciate you weighing in. Those seem like good suggestions. We are not familiar with Worldmark at this point but will certianly look into it. I used to golf regularly. In recent times we flyfish...and Redmond, OR is near the Deschutes River as I recall. Sweet!

Thanks again!
Bob
 

Passepartout

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Bob, the Deschutes flows walking distance from Eagle Crest- down a steep grade- but it's that close.

I understand wading a trout stream- Silver Creek is under an hour from here and many other streams are closer. I'm in process of closing on a TS on the Henry's Fork. My DW snagged me with a stream through her ranch- where 250,000 trout were raised. Yup, I've tossed a fly.

Jim
 

roll30

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You are way better than we are no doubt. Hmmm..the Henry's Fork. Congrats on that sir! Fishing there is good as it gets as I hear it. I worked for a flyfishing oriented retailer for several years and the owners/ board members fished there annually. Don't know any details though.
 
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