My Timeshare Adventure

[Karen G]

thanks Karen! What about the ones that sell just points? Is everything on there legit...mostly?

As with any purchase (or acceptance of a free timeshare), a buyer should exercise due diligence and be sure he knows what he is getting. TUG just provides a forum for people to post information and is not involved in the transactions in any way.

You can read about the actual transfers of ownership that have resulted from people giving away their timeshares in the Bargain Deals forum here. It seems to be working well!

 

[Rent_Share]

Moved to correct thread

 

[Rent_Share]

I just don't have the intricacies of buying resale. I have the basics down. I am just finding out that I may not want what I thought I wanted so I am having to change strategies. I know that I will need to do more research before I am done.

Thanks for your input.

AMEN - TAKE YOUR TIME, THEY ARE SIMPLE TO BUY, Can be challenging to sell

 

[istone]

Got the deed in the mail today. How long does it take before I can sign up for RCI? Do I need to wait for the resort to send me something?

Sent from my Nexus 7 using Tapatalk 4 Beta

 

[got4boys]

Got the deed in the mail today. How long does it take before I can sign up for RCI? Do I need to wait for the resort to send me something?

Yes, you will need to verify with the resort to see if they have received a copy of the deed and transfer fee to put it in your name. (This should have been done by the seller of your week - or closing company).

Call the resort after a couple of weeks or so and see if it is transferred in your name. The management company is Daily Management. Here is the website.

http://www.dailymanagementresorts.com/

Once, it is in your name, then you can open up an RCI account.

FYI, since you purchased in Orlando, you cannot do a RCI trade into DVC resorts - Disney Vacation Club Resorts using your Vacation Village at Parkway.

 

[istone]

Checked the bank account and the deposit was returned today.

Sent from my Nexus 7 using Tapatalk 4 Beta

 

[istone]

Recieved letter from Vacation Villages that everything is now in my name.

Instead of a EOY 2 bedroom for $11k we got a annual 2 bedroom off of ebay for $19.

And they said during the sales presentation that they use their ROFR to buy their timeshares back if sold resale.

 

[presley]

Recieved letter from Vacation Villages that everything is now in my name.

Instead of a EOY 2 bedroom for $11k we got a annual 2 bedroom off of ebay for $19.

And they said during the sales presentation that they use their ROFR to buy their timeshares back if sold resale.

Congrats and enjoy your vacations.

 

[egg1701]

I didn't think VV@P had floating weeks at all. I think the salesman was selling RCI points. In any case ill second what the previous poster said

I own an every three yr fixed week A November week that I split and deposit as two one bedrooms. I got 40 tpu. I routinely trade back in for 5-8 tpu. So in 3 years I get at least 5 weeks. I pay an exchange fee each time but it still works out to less than $350 a week and for another $125 I can bring my dogs

Absolutely rescind. The flexibility is still there with fixed weeks and RCI

Ron this is how I got suckered. Your right they do not have Floating week. You have to have RCI to get floating week. This is what the sales people don't tell you when you buy. I live in Rhode Island why would I buy a May week? They said floating week so I told them it didn't matter what week I was deeded for. Never answered or said right I cannot recall but, they didn't tell me I had to go thru RCI bank my week then pay an exchange fee to get that so called floating week. After about two years when I called V.V.to get a November week they told me to call RCI I told them I didn't bank my week and that I had a floating week. She said you have a Floating unit this is how I was mislead. IF I was told the truth what do you think I would have done next?

 

[istone]

Vv@p automatically banked my week with RCI and I currently have 39 points. Not sure why they didn't give me the 40. I do know I didn't ask them to bank it and I have yet to pay 2014 maintenance (waiting on tax returns).

Sent from my Nexus 7 using Tapatalk 4

 

[egg1701]

Vv@p automatically banked my week with RCI and I currently have 39 points. Not sure why they didn't give me the 40. I do know I didn't ask them to bank it and I have yet to pay 2014 maintenance (waiting on tax returns).

Sent from my Nexus 7 using Tapatalk 4

I think VV due are due in January 1st, They E-mailed me saying $25.00 late fee will be added on Feb 1st. Pay with a credit card or anything, Don't give them F@$@r another dime. I paid mine today.