Recently bought Marriott timeshare and am so unsure if this is a GOOD thing or not?

[spiceycat]

okay with ebay beware!!!!

some ads imply a certain week (without saying what that week is) - and when you buy it - you find that what you brought and what the ad discussed aren't even close.

sometimes Ebay will be on your side - other times it won't.

so buyer beware.

go join

www.tug2.net

since you are seriously looking - I would join it. So you can read the reviews and other stuff.

secondly if you only want to stay in a timeshare - then consider

www.skyauction.com

now don't expect any around the summer or holidays - they do sometimes have last minute ones and I mean last minutes - you bid on Wednesday and the next friday you are going.

these people are also great at telling you if something is worth it or not.

 

[littlestar]

That's really strange that the deed says silver when Marriott Horizons Orlando isn't supposed to have any silver weeks according to the resort calendar posted on Marriott Vacation Club's official site. I wonder if somebody at Marriott made a boo boo when they typed your contract up?

Be very careful with Ebay. Like spiceycat says, some people have bought something and it wasn't close to what they thought they bought. Either through ignorance by the seller or they just don't care.

With Marriott you know you're getting a nice product. And $4,740 for a Horizons Orlando EOY that locks off is not a horrible price. I think that's a really pretty decent price for buying from the developer - especially for a Marriott. I wonder if this was a repo week or something like LisaP said? Very interesting. If I would have known that I could have bought at Horizons Orlando for that price when we were looking last year, I probably would have bought it. We bought a resale Horizons Branson EOY silver week to use to trade into Horizons Orlando and Marriott Cypress Harbour primarily. What's really been neat about owning our Marriott is flexchange in II, if you can travel short notice (59 days or less) - I see all the Marriott Hawaii resorts and Hilton Head Marriotts before non Marriotts in II sees them. Marriott owners get priority. Many times I could upgrade my Marriott studio to a 2 bedroom Marriott in the flexchange window.

 

[carolina traveler]

I dont know much about Marriott seasons ,but for being a developer purchase in a good quality resort and system it was not such a bad deal.
Todays developers prices are way over 10000.
I liked that was a lock off every other year. That allow you to use your two bedroom every two years or a one bedroom every year. I recommend go to tug and read their advice section at the top of their website.

 

[Brian Noble]

If you are thinking about buying a timeshare:

Step 1: Join TUG.
Step 2: Read and learn
Step 3: when you think you've learned all you need to know, repeat Step 2.

It's really easy to buy a timeshare. It's really hard to sell one. If you do finally make a purchase, you want to feel comfortable that it is the right purchase for you.

 

[bmbmd]

Well, after eighteen years as a Marriott owner, I guess I ought to chime in. We own two weeks at Cypress Harbour, bought at pre-consturction rates after a trip to Royal Palms. We paid nine thousand per week, and that was eighteen years ago. Our maintenence fees are about five hundred per week per year. Not at all a sound financial decision.

What we got in return, though, was first class vacations all over the world. We are disciplined to schedule quality family time months in advance, and we have a lifetime of memories, with 81 years left to go on our contract. Day after tomorrow, we jet off with all four kids, one son-in-law, and two young grandchildren for what will be the last all-in family vacation. We will be staying in a three bedroom at Grande Vista. We look forward to vacation all year long. Next year, my wife and I will trade for points-enough for airfare and hotel to Tuscany or Hawaii or St. Kitts. The kids are on their own-time for Mom and Dad to live a little.

Do i have any regrets? No-not really. Would I take twenty grand for my weeks now? No. Five grand for Horizons eoy seems like a great deal to me.
This isn't just a matter of finance and good business sense-it is a matter of the heart. I say take the weeks if it doesn't put a strain on you-enjoy your family.

 

[sweetapril73]

I truly appreciate your insight. I guess you can see how easily consumers can get confused. Unfortunately, I have already rescinded the offer. We will continue to look but from what I have read Marriott is the best exchange timeshare to be a part of. Again, thanks so much!

 

[MRussell]

We attended many timeshare presentations and I was always tempted to purchase one but I just couldn't see spending all that money. For those of you who have purchased from presentations, that's great. It just didn't work for us. Here's another option:

I researched online and found you could purchase the same timeshares for a fraction of the cost. I purchased ours from www.holidaygroup.com. We own a 2BR red floating week and only paid $1500, plus a transfer tax and first year fees. The total was $2100. The one we own is in the Berkshires of Mass. but I didn't really care where it was because for $129.00 I can trade anywhere in the world. I have never had a problem trading to the best resorts in Orlando or elsewhere.

If you choose to purchase from any online company I suggest you research them thoroughly.

mr

 

[holysmoke]

Well, after eighteen years as a Marriott owner, I guess I ought to chime in. We own two weeks at Cypress Harbour, bought at pre-consturction rates after a trip to Royal Palms. We paid nine thousand per week, and that was eighteen years ago. Our maintenence fees are about five hundred per week per year. Not at all a sound financial decision.

What we got in return, though, was first class vacations all over the world. We are disciplined to schedule quality family time months in advance, and we have a lifetime of memories, with 81 years left to go on our contract. Day after tomorrow, we jet off with all four kids, one son-in-law, and two young grandchildren for what will be the last all-in family vacation. We will be staying in a three bedroom at Grande Vista. We look forward to vacation all year long. Next year, my wife and I will trade for points-enough for airfare and hotel to Tuscany or Hawaii or St. Kitts. The kids are on their own-time for Mom and Dad to live a little.

Do i have any regrets? No-not really. Would I take twenty grand for my weeks now? No. Five grand for Horizons eoy seems like a great deal to me.
This isn't just a matter of finance and good business sense-it is a matter of the heart. I say take the weeks if it doesn't put a strain on you-enjoy your family.

what a great post, I am so envious