Hi Everyone,
Long time lurker and first time poster here. Thanks in advance for the valuable input that you are going to provide me with. Whether we go through with a timeshare resale purchase or not, I am sure we will be more enlightened with the response that we get from here.
I have been intrigued by the idea of timeshares for a long time but had stayed away mostly because of last minute vacation plans and international travels. Over the last few years, we have been more meticulous about our planning because of school schedules. So, here is my questionnaire:
1) Is there a vacation destination you wish to visit most of the time or on a regular basis? if so where?
Colorado mountains in the summer, beach destinations in the winter. An occasional spring break trip. We have a middle schooler and an elementary schooler and with the kids getting older, we have made multiple trips to Mexico, Orlando and would like to visit Hawaii some time.
2) Do you want to visit your home resort at least half the time, or do you want to trade more than half the time?
We live in Denver, and are occasional skiers though not regulars by any means. I was thinking of trading in the winter weeks for beach destinations and taking advantage of the summer weeks.
3) What are your 5 top trade destinations?
Mexico, Hawaii, NYC, Florida, California
4) How many people do you usually travel with - total, including yourself?
4 - rarely with another family of 4.
5) Can you travel any time, or are you locked into the school schedule?
School schedule
6) Can you make firm plans 12 or more mos. in advance?
Yes, we have been forced to do this lately.
7) Can you vacation for a full week at a time?
Yes.
8) What level of accommodations do you prefer on a scale of 1 to 5 stars?
3 - 4*
9) How much can you afford to spend upfront, without financing?
About 5k but can stretch a bit based on the situation.
10) How much can you afford to spend every year for a maintenance fee that will come due right after Christmas, and increase each year?
~1500
11) Are you a detail oriented planner?
Yes.
12) Do you understand that once you buy a timeshare, it may be very difficult to sell or give away, and you are responsible for all fees, until you do?
Yes.
Additional thoughts:
I have rented timeshare units through Costco travel, Amex Travel etc in Sheraton Vistana in Orlando and in Mexico (Los Cabos - I am not sure I remember the name of the resort). I like having two bedroom units since the pull-out sofa beds give me back aches.
I researched quite a bit into the Hyatt system and the Hilton system. I thought about summer only weeks in the Colorado mountains, but I have a feeling that they may be harder to resell should I choose to do so after 10 years of ownership. I am a member of the Marriott Bonvoy points system through their credit cards and I have found that their points system is highly devalued making it impossible to use. I am not sure if they have a different system for timeshares.
Last edited: Jun 11, 2019
Long time lurker and first time poster here. Thanks in advance for the valuable input that you are going to provide me with. Whether we go through with a timeshare resale purchase or not, I am sure we will be more enlightened with the response that we get from here.
I have been intrigued by the idea of timeshares for a long time but had stayed away mostly because of last minute vacation plans and international travels. Over the last few years, we have been more meticulous about our planning because of school schedules. So, here is my questionnaire:
1) Is there a vacation destination you wish to visit most of the time or on a regular basis? if so where?
Colorado mountains in the summer, beach destinations in the winter. An occasional spring break trip. We have a middle schooler and an elementary schooler and with the kids getting older, we have made multiple trips to Mexico, Orlando and would like to visit Hawaii some time.
2) Do you want to visit your home resort at least half the time, or do you want to trade more than half the time?
We live in Denver, and are occasional skiers though not regulars by any means. I was thinking of trading in the winter weeks for beach destinations and taking advantage of the summer weeks.
3) What are your 5 top trade destinations?
Mexico, Hawaii, NYC, Florida, California
4) How many people do you usually travel with - total, including yourself?
4 - rarely with another family of 4.
5) Can you travel any time, or are you locked into the school schedule?
School schedule
6) Can you make firm plans 12 or more mos. in advance?
Yes, we have been forced to do this lately.
7) Can you vacation for a full week at a time?
Yes.
8) What level of accommodations do you prefer on a scale of 1 to 5 stars?
3 - 4*
9) How much can you afford to spend upfront, without financing?
About 5k but can stretch a bit based on the situation.
10) How much can you afford to spend every year for a maintenance fee that will come due right after Christmas, and increase each year?
~1500
11) Are you a detail oriented planner?
Yes.
12) Do you understand that once you buy a timeshare, it may be very difficult to sell or give away, and you are responsible for all fees, until you do?
Yes.
Additional thoughts:
I have rented timeshare units through Costco travel, Amex Travel etc in Sheraton Vistana in Orlando and in Mexico (Los Cabos - I am not sure I remember the name of the resort). I like having two bedroom units since the pull-out sofa beds give me back aches.
I researched quite a bit into the Hyatt system and the Hilton system. I thought about summer only weeks in the Colorado mountains, but I have a feeling that they may be harder to resell should I choose to do so after 10 years of ownership. I am a member of the Marriott Bonvoy points system through their credit cards and I have found that their points system is highly devalued making it impossible to use. I am not sure if they have a different system for timeshares.
Last edited: Jun 11, 2019