Purseval
newbie
Hi, I was wondering if anyone could point me to a FAQ for potential timeshare resale buyers, specifically for the Bonnet Creek Resort inside the WDW property. I have been lurking for a few days and didn't see these questions answered, perhaps they are too basic. I did read that there is another Wyndham owners website with basic information but I can't get into that site (neither can anyone else, there is a thread about all the problems people are having). If no such animal exists I wonder if anyone could answer the following questions:
1. Is it worth it? Naturally the salesperson says you have more room, slick-looking plasma tv, etc., but the ever-falling price of resales doesn't seem to bear that argument out. Do you actually use the ameneties and extra space or do you fall into bed exhausted each night after running through the parks? Is it really better than a hotel when you figure that a hotel is an option that can be passed over if you don't have the time or money while the timeshare is going to cost you approximately $800 even if you never set foot out of your house?
2. How much can the maintenance fee increase per year and does it have a yearly/lifetime cap?
3. We normally take 2 vacations to Orlando per year, one in February and one in October. How many points would it take to cover a week at each time period?
4. If we never go anywhere but Orlando do we have to pay anything besides our points to stay there?
5. Is the Fairfield Bonnet Creek in Lake Buena Vista the same place as the Wyndham Bonnet Creek inside the WDW property?
6. Can you bank your points indefinitely or do they expire after a certain amount of time?
7. Is the maintenance fee your only expense if you never leave your home resort?
8. If your maintenance was capped, for example, at $1000/year could Wyndham declare bankruptcy, void that and raise it? What happens if Bonnet Creek does in fact declare bankruptcy? Would the "owners" (that means us) be liable for any debts Wyndham ran up?
I could have asked the salesperson all of these questions but I wouldn't have believed him. Sorry in advance if these are stupid questions but I'd rather be stupid now than later.
1. Is it worth it? Naturally the salesperson says you have more room, slick-looking plasma tv, etc., but the ever-falling price of resales doesn't seem to bear that argument out. Do you actually use the ameneties and extra space or do you fall into bed exhausted each night after running through the parks? Is it really better than a hotel when you figure that a hotel is an option that can be passed over if you don't have the time or money while the timeshare is going to cost you approximately $800 even if you never set foot out of your house?
2. How much can the maintenance fee increase per year and does it have a yearly/lifetime cap?
3. We normally take 2 vacations to Orlando per year, one in February and one in October. How many points would it take to cover a week at each time period?
4. If we never go anywhere but Orlando do we have to pay anything besides our points to stay there?
5. Is the Fairfield Bonnet Creek in Lake Buena Vista the same place as the Wyndham Bonnet Creek inside the WDW property?
6. Can you bank your points indefinitely or do they expire after a certain amount of time?
7. Is the maintenance fee your only expense if you never leave your home resort?
8. If your maintenance was capped, for example, at $1000/year could Wyndham declare bankruptcy, void that and raise it? What happens if Bonnet Creek does in fact declare bankruptcy? Would the "owners" (that means us) be liable for any debts Wyndham ran up?
I could have asked the salesperson all of these questions but I wouldn't have believed him. Sorry in advance if these are stupid questions but I'd rather be stupid now than later.