Is this a good deal?

[carters4usm]

I've been looking for an even year contract and have the opportunity to buy 154k even yr. at the Grand Desert for $1500 "all in". Do you all think that is a good deal, or since points won't be available until 2010, should I wait and take the chance for an even better one? Do you all feel like Wyndham points have hit bottom? Thanks so much for your input.

 

[ajdon]

Hmmmm..

That is essentially 77K annually for $1500... Um, not only no, but HECK NO. I would not buy that.


Check this out:

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&rd=1&item=190242282640&ssPageName=STRK:MEWA:IT&ih=009

That went for only $575 more (Including CC) for twice the points....

AJ

 

[lprstn]

You can get 154,000 pts Yearly for that amount. No I would not consider that a good deal either.

 

[janej]

How much is the MF? The sales price seems high but if MF is super low...

 

[James1975NY]

Purchasing timeshar through resale...

Just wanted to comment on purchasing timeshare through resale....

There are going to be a lot of great deals out there through a lot of different medium.

I strongly suggest to do your due diligence as a buyer and to be extra careful when purchasing directly from the owner (if that is the case)

I have heard a lot of horror stories of resale purchases that were not through professional office or brokerages that ended up as a total disaster. Don't let greed take control of the purchase.

As a resale enthusiast myself, I would prefer to work with an experienced (licensed) agent that has the appropriate checks and balances to protect both the buyer and seller. You may pay a little more but at the end of the day, you will still save A LOT OF $$$ and you can sleep better at night.

Some things to look out for....
- Purchasing an ownership that has a lien on it.
- Purchasing a product that is different than what you thought.