Which Timeshare is the Worst?

[DaveNV]

Any tips for selling? I know this is the wrong forum but I’m trying to learn all I can!

There are many threads on Tug that discuss the ins and outs of selling. Search them out for your resort.

Here's the general perspective:

A lot has to do with what you own, whether it's free and clear, and what you think you want to get out of it. I bought all my timeshares on the resale market, most for $1 or less. In most cases, I sold them for the same $1, or gave them away for free. In those cases, I paid closing costs for the buyer, to sweeten the deal. That was because I wanted the timeshare out of my name before the next maintenance fee was due. I never had to wait more than a few days to have a buyer, and I never had to pay that next maintenance fee.

Good luck!

Dave

 

[Hpmick]

Thank you so much, Dave! It’s been a great timeshare so hopefully I can market it well enough, even to give it away. I appreciate your tips! I’ll search for the right forums!

 

[quikitikit]

what timeshare in Colorado? Not so many and they are in mountain locations where the only true value is getting your week during ski season, not mud season which tends to come and go but isn't fun unless you are biking and hiking. Now, I do love summer in the mountains, but getting a timeshare week in summer season is also difficult. I know because I've lived in
steamboat springs where Sheraton is on the mountainside and the other timeshare long ago is taken over by big management companies. There you go, summer is not the time to own a timeshare in Colorado. And now, there are lots of air&b's, more condos than ever, and lots of rentals.

We have a reservation for Steamboat Springs Sheraton in August, our first time in Colorado we booked on II. We know it’s in the mountains. What are your recommendations to do there besides hiking?

 

[sponger76]

We have a reservation for Steamboat Springs Sheraton in August, our first time in Colorado we booked on II. We know it’s in the mountains. What are your recommendations to do there besides hiking?

Take the scenic gondola ride up the mountain
Visit Strawberry Park hot springs.
If you're interested in better chances at seeing lots of moose, take the drive up to Walden.

 

[e.bram]

All times shares are good and bad. If you have the oceanfront unit in a good week it is great . If you don't ,not so good>same timeshare.

 

[DawnM]

I think Westgate by far. Try getting rid of it. I do not own there but heard enough hoarer stories.

If you are original purchaser from developer and sell it, you are still liable if the buyer does not pay MF AFAIK.

We stayed at one and the hot tub was full of people wishing they didn't own there.

 

[The Colorado Kid]

We stayed at one and the hot tub was full of people wishing they didn't own there.

@DawnM Wow...the hot tub is normally where we get all the best tips and hacks to make timesharing worthwhile!

 

[DawnM]

@DawnM Wow...the hot tub is normally where we get all the best tips and hacks to make timesharing worthwhile!

It may have just been the mix that particular day. One of them had inherited the timeshare and wanted to get rid of it. The other family said they wished they had bought somewhere else. The third family said they just don't use it much but weren't too negative about it.

 

[chellej]

It's funny, my worst was also one of our favorites. We owned a quartershare at Inn of Silvercreek. The resort itself was very basic but DH and the boys loved going and would go for a month at a time in summer and mud season. We didn't ski so we rented our winter month and it paid the fees for the year. We got 3 months a year and they rotated, one summer, one mud, and one winter. It was great for a few years and then the HOA sold a majority of the weeks to a single owner. When the rental market got bad, they controlled the HOA by a majority and changed to do long-term rentals to low-income folks. Not that there is anything wrong with low-income folks but it brought an unsavory few that ruined the place for us and at that point we sold. I did make a very large profit on it. I sold it for 4 times what I paid and we had some great family vacations there.