Oh TimeShare TimeShare TimeShare, What am I going to do with you??

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.

 

0 replies
  1. Anita Mac
    Anita Mac says:

    Oh no – sounds like you are having a dreadful time! I have been lucky in my time share – although I mostly trade it in through Interval, and have lost many weeks when my holiday spends have gone on group trips!!! Hope you can still get out there and enjoy your hols! Can you at least sell your week to friends/family to recoup some of your costs?

    Reply
    • Love, MistyPooh
      Love, MistyPooh says:

      Hi Anita 🙂 I actually have never sold a week, But I was trying to figure out how to do that. This year I am determined to use them. Im in love with Interval actually. The getaways are amazing!! Who do you own with?

      Reply
      • Kimberley
        Kimberley says:

        Hey there, I too own a Westgate timeshare (and have been regretting it since the moment I bought!) You mentioned Westgate Cruise and Travel — have you used them before?? I’ve used interval and heard of ICE rewards, but yesterday someone contacted me from Westgate Cruise and Travel offering a deal on a 5 year membership (including a free vacation and a bunch of points with their program). It seems like a completely different exchange concept from Interval and I’m scared to sign up for anything now after all of my disappointment with Westgate!

        Reply
        • Flirting With Travel
          Flirting With Travel says:

          You are right Westgate Cruise And Travel is another program that gives you discounts on hotels and getaways! I paid $1800 and it’s good for a lifetime. Honestly I didn’t need it but I thought it would be cheaper for cruises. I could go through Delta Cruises. Good think is that I don’t have to worry about the payment anymore. Timeshare can be good if you know what you are getting into.

          Reply
  2. Carol McLendon
    Carol McLendon says:

    I went to an Interval Time Share Presentation and was very impressed with it. During that presentation they pointed out the amount of location, and various locations of their properties compared to the two locations Westgate offers. They are Las Vegas and Orlando as you know…. They also pointed out that no timeshare company can get you a better price on a cruise than you can get yourself by checking with various Travel agencies. That includes Interval. They said you give so many of your timeshare points until it’s senseless to book through your timeshare.

    I stayed at an Interval Property and was very pleased with it.

    Reply
    • Love, MistyPooh
      Love, MistyPooh says:

      I totally agree with your points!! It is a terrible idea to trade your TimeShare in for a Cruise they are basically ripping you off and you might as well just pay for the cruise outright. The thing Im not sure about is that could you have a membership to the programs like Interval, RCI Ect with out owning Timshare. Because those are the programs that are pretty awesome. As well people should look into the Hotel point programs. If you arent traveling to the same place every year, every other year. Building points with whatever Hotel chain you prefer is a great way to go too. SPG!!!

      Reply

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