greeneyes07
newbie
Hello All!
We are Newbies to time shares and just spontaneously bought a timeshare in Diamond Resorts/TheClub point exchange system in Sedona on vacation. We are in our 7 days recission period and doing our dillegence to make sure its right for us. Anyone who kindly has time to consider our terms and life style is very helpful .
First of all, we talked them down to 2500 pts instead of 4000 so that it would be affordable, but of course the maintence fees are higher(about $895/ year) with this time share.
A few facts about us- we have 4 kids and cannot book a standard room anymore and having a condo w/ kitchen is a $saver. We live in Mesa AZ and can drive to many wonderful resorts listed in AZ, CA, etc.and love Sedona, we are often flexible in our travel plans,we like short getaways and go somewhere every year and we have relatives who come visit and would like the lower cost Scottsdale resort fees to purchase.
But now that I am home and trying desperately to understand all the info they gave us in the 7 days we have to legally get out, I am still unsure...
Since we are only in the 2500 pt range is the maintenence fee we are paying even worth it? Now that I look closely we can only afford to go someplace yearly if we book under 60 days at the %50 discount. Will all the Sedona resorts be full under 60 or 30 days? What about CA? And also, we were told we could rent outright a week anywhere 2 bd for $300-800 per week,esp. for family, but I cannot find this listed anywhere. Is this true? the rates I see in Scottsdale start at $200 per day for a 1 bd!!
Also, I know we can borrow points, but can we buy some extra for that year to have more pts for just that year? That is the only way we could afford to book a 2 bd vaca in advance before the 60 day mark. Or can we only permanently raise or yearly pts.??
Also, when we die is our time share a deeded gift to our heirs or are they financially obligated to pay the yearly fee regardless of choice? I hope not!!
Many many thanks to anyone who takes the time to read this and help us understand the Diamond Resorts System. We like the quality and locations, but is 2500 pts going to do anything for us ??
We are Newbies to time shares and just spontaneously bought a timeshare in Diamond Resorts/TheClub point exchange system in Sedona on vacation. We are in our 7 days recission period and doing our dillegence to make sure its right for us. Anyone who kindly has time to consider our terms and life style is very helpful .
First of all, we talked them down to 2500 pts instead of 4000 so that it would be affordable, but of course the maintence fees are higher(about $895/ year) with this time share.
A few facts about us- we have 4 kids and cannot book a standard room anymore and having a condo w/ kitchen is a $saver. We live in Mesa AZ and can drive to many wonderful resorts listed in AZ, CA, etc.and love Sedona, we are often flexible in our travel plans,we like short getaways and go somewhere every year and we have relatives who come visit and would like the lower cost Scottsdale resort fees to purchase.
But now that I am home and trying desperately to understand all the info they gave us in the 7 days we have to legally get out, I am still unsure...
Since we are only in the 2500 pt range is the maintenence fee we are paying even worth it? Now that I look closely we can only afford to go someplace yearly if we book under 60 days at the %50 discount. Will all the Sedona resorts be full under 60 or 30 days? What about CA? And also, we were told we could rent outright a week anywhere 2 bd for $300-800 per week,esp. for family, but I cannot find this listed anywhere. Is this true? the rates I see in Scottsdale start at $200 per day for a 1 bd!!
Also, I know we can borrow points, but can we buy some extra for that year to have more pts for just that year? That is the only way we could afford to book a 2 bd vaca in advance before the 60 day mark. Or can we only permanently raise or yearly pts.??
Also, when we die is our time share a deeded gift to our heirs or are they financially obligated to pay the yearly fee regardless of choice? I hope not!!
Many many thanks to anyone who takes the time to read this and help us understand the Diamond Resorts System. We like the quality and locations, but is 2500 pts going to do anything for us ??