Sigh…. I am one of the many people who were suckered in by the unbelievable tokens of promises that TimeShare would unequivocally make my dreams of consistent affordable travel true. I was lured in by the miniscule bread crumbs showing massive savings on my yearly travel, ease of booking and in general contentment knowing that im guaranteed a vacation every year. Booooooy, Did they saw me coming lol I was bamboozled, Hoodwinked I tell ya! 😀
Situation: Owner of 2 Westgate Properties, floating Bi-annual weeks.
Problem: I don’t vacation in Orlando often, But I bought the 2 bedroom lock off because they said I would have greater trading power. Secondly, I also own in Vegas on the strip but I havent been there in almost a year so it’s of no use at the present moment. Really, its cheaper to just book the getaways that are offered through my memberships with Interval International and Westgate Cruise and Travel.
So, Let me start my story off by sharing that just last week I was completely content with the foreboding feeling like I might have been duped into buying one of the worst investments ever lol However, This week I’m livid. They took $958.00 out of my account unannounced!!! Said cost were for the Annual Maintenance and HOA fees I was told over the phone. Now riddle me this; why would I pay that in a lump sum when I am making monthly payments on everything else. The simplicity of this question, aggravates me to my core because I would never agree to something as silly as that. I am not rich! Yet, Contractually I missed that detail. Word to the wise when you are sitting there with them talking, actually read the information as well. My Bad!
Hmm, Maybe the real problem is that I have planned and will be going in 3 DAYS on an amazing fun-filled, educated, drunken stupor, jet setting Holiday. I have been counting down to this for a couple of months now. I didn’t use any of my timeshare on this trip, so you can imagine how flabbergasted I was when I checked my account. I needed my little duckets to splurge on whatever frivolous thing I felt would add to the experience. Now I am left resenting Westgate for biting into my vacation pockets 🙁
A little Education morsel.. Selling a timeshare that has been recently purchased is worst than trying to sell a overinflated home your purchased during the real estate boom! At best I’ve seen people buying them for half the value, but then it is up to you to compensate the other half. If you didnt secure secondary financing or Just pay the property off during the 0% time frame, you are now stuff with a ridiculously high interest rate. They give you 10 years to pay them off. But depending on what type of unit you bought the features might change, the property become older and the general area could disinterest you. Anyway I have attached pictures of the Vegas location. I love it, very nice.