On November 14 ABC News ran a 8 minute video raising warnings to anyone interested in buying a timeshare. They highlighted all the stereotypical issues involving timeshares - declining values, rising maintenance fees, lack of true flexibility. They made the whole industry sound either shady or worthless. They only told half of the story.
Owning and using a timeshare will work for you if you go into the experience with your eyes open. Especially at the beginning. Never pay retail prices for what many owners would be willing to sell you for a serious discount. Buy a timeshare at a location you really like and plan to frequent. Don't make your decision about buying a timeshare based on exchanging it every year for your favorite destinations. That seldom works out. Finally, use your timeshare. that's where the true value is. Over time, you really will save a bundle and enjoy much nicer accommodations.
When you get ready to sell your timeshare, use a timeshare resales specialist. A company with a lot of years of experience like www.rpmls.com. And be reasonable about what you intend to get out of it - What is my timeshare worth? The bottom line is . . .
Buy timeshare resale - don't pay retail.
Playa Grande Resort Timeshare - Cabo San Lucas Mexico