Just received free timeshare [Bryans Spanish Cove]

[Disney_Lover1965]

Hi all,

I feel like this forum is the first real place to get advice on my new timeshare ownership.
I have to admit, I kind of feel like we did a good thing and got penalized with the process My husbands parents are at the age they are no longer traveling and cant really afford to keep the timeshare, we can afford the monthlys so we decided to take it over. Not sure if it was the best idea for us, however I was happy to financially help them.
I mean we LOOOVE the Disney/Orlando area and go very often, but I have a feeling that we are not going to be able to get anything close to summer/demand travel?
Any ideas on how to maximize our Bryans Spanish Cove timeshare?
Also, can anyone explain why when I google the resorts name - Bryans Spanish cove comes up in a advertisement for Endless Vacations?
Does RCI sell the inventory or something?
Thanks for reading.... and I swear I will actually read through the entire website before the next time I post!

Thanks
Andrea

 

[puppymommo]

Welcome!

To answer your questions we are going to need a little more information. Is it a fixed week, float or what? It looks like the resort is part of a mini-system Island One Resorts. Do you know anything about that? You may be able to make trades within the system.

 

[Passepartout]

First, Welcome to TUG! We're just a bunch of mostly friendly TS owners, so you're among friends.

I have no specific knowledge or advice for you. RCI and many other outfits rent units, so that isn't a really big deal. We all rent units at places where the rent is cheaper than Maintenance Fees (MF). Orlando is one of those places. I looked over the reviews for your resort. They are a little thin- the last one was in 2008, but Tripadvisor has some 4* out of 5 ratings. It looks like the resort has owner controlled HOA. That's good, it looks like they are holding costs down.

As far as using your TS, do you own a fixed week? If so, just pay your MF current and show up on move-in day. If it is a 'floating' ownership, call the resort and ask how to reserve your desired week and how early you can do it to assure your unit. Your mini system, Island One Resorts, seems to have perhaps 10 resorts. I'm gonna guess you can trade internally, but they are all around Florida, so what's the advantage there?

If you want to exchange for a resort holiday somewhere else, you'll have to join an exchange co. Like RCI. You just reserve your week, deposit it into RCI. You'll be given some points, called Trading Power Units (TPU) and you use these as currency to 'pay' for other RCI resort weeks.

Perhaps your parents can brief you on how they used the TS?

There is a heckuva lot of information here. No one can digest it all in a lifetime or two.

Again, Welcome, and don't be afraid to ask questions. Also try the search function. I can't imagine a question that hasn't been asked.

Jim

 

[SOS8260456]

Welcome to the world of timesharing!

I am sure with a little bit of research you'll be able to find out the best way to maximize your ownership. You are already ahead of alot of other owners because you found this website.

Lisa from PA