Is This a Good Deal? Buying a Marriott Vacation Club Membership with Deed & Title – Need Feedback!

[andre10056]

Hey everyone,

I’m considering a Marriott Vacation Club membership that includes a deed and title, making it more like a real estate investment rather than a standard timeshare. The total cost is $200K, and I’ve already put $20K down.

Wow. There are no limits to the false claims these developer salespeople make.

Bottom line for any newbie who might contemplate buying a timeshare: in virtually all cases, it only makes sense if you buy "resale" from someone who may very well have had their face ripped off by a developer salesperson. By taking advantage of their desperation to finally get out of their "in perpetuity" (because of the deed) maintenance fees, they might be willing to sell at a near zero, or at least very low, price.

You might then benefit by standing on their grave.

 

[vacationtime1]

Wow. There are no limits to the false claims these developer salespeople make.

Bottom line for any newbie who might contemplate buying a timeshare: in virtually all cases, it only makes sense if you buy "resale" from someone who may very well have had their face ripped off by a developer salesperson. By taking advantage of their desperation to finally get out of their "in perpetuity" (because of the deed) maintenance fees, they might be willing to sell at a near zero, or at least very low, price.

You might then benefit by standing on their grave.

Cruel, but true.

 

[thwmarriottfan]

Thanks to this Forum and the wise advice, we have sent our recission letter. Thanks to all the respondents.

 

[WBP]

Hey everyone,

I’m considering a Marriott Vacation Club membership that includes a deed and title, making it more like a real estate investment rather than a standard timeshare. The total cost is $200K, and I’ve already put $20K down.

I expressed a few concerns to my MVC sales rep - See response below:

[Start of response:

The copy of your contract is on the USB in your owner kit!

Your ownership with Marriott is with points, so you don’t have a set number of weeks. 1000-4000pts is a week in a 2 bedroom, depending on season and location. Ritz Carlton can be more or peak holiday. There is a points book included in that owner kit, or you can ask me for specific examples!

There are zero black-out dates or peak season restrictions, if you have the points you can book and go!

Your HOA dues include all fees for the ownership, from property tax, to refurbishing, to landscaping and maintenance costs and are shared amongst the owners at $0.81/per point.

Unused points can be rolled into the following year and held for an additional 2 years. So in total points have a 3 year shelf life.

You can sell and transfer your ownership. It is deed and title so anything you can do with your other deed and title real estate you can do with this ownership

You can rent out any of your points/nights that you want. Owners are very successful using Airbnb or VRBO platforms. However, you can use any platform that suits your needs

Marriott is the most flexible and diverse ownership out there. I know your family will love the platform once you start booking and using the resorts for vacation! The Sheraton Tokyo Japan is an approved Disney Tokyo property and would be perfect for your family when you are ready to go to Japan! Let me know and I will happily help you make your first reservations!

End of response]

I’d love to hear from anyone who owns (or has owned) a similar membership. Specifically:

• Is this a good deal for long-term value?
• How easy is it to sell or rent out if I don’t use it?
• Are there hidden fees or maintenance costs I should be aware of?
• Would I be better off just booking luxury vacations myself instead of locking into this?

I appreciate any insights, especially from experienced owners or those who have looked into similar deals. Thanks in advance!

-Will (Complete timeshare newb)

Still no word from Willpowers25. He left us hanging.

 

[jellen613]

Thanks to this Forum and the wise advice, we have sent our recission letter. Thanks to all the respondents.

Join a large crowd of us who have rescinded at one time. We own an enrolled deeded week and 2500 abound points, and we get lots of usage out of them. You have to find what works for you, it can be confusing, however there are tons of resources on this site. We rescinded when they convinced us to by more points in 2019 to get to executive level. After we got back to our room and thought about it, while there were many "perks" the cost did not justify the perks. Also, redeeming points for anything but timeshare stays is not a good use of abound points. An example is the Marriott hotel stays. When you compare points price vs the cash price, most of the time the cash price is much lower that the value of the Abound points.

 

[davidvel]

Still no word from Willpowers25. He left us hanging.

Hopefully he rescinded but my guess is he did not, and is living with that decision.

 

[TheTimeTraveler]

Hopefully he rescinded but my guess is he did not, and is living with that decision.

You can lead a TUG Guest to water but you can't make him/her drink the good advice..............









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