Lee, If your eyes haven't glazed completely over, ....
Jim
Indeed!
Ask and you shall receive!
Lee, If your eyes haven't glazed completely over, ....
Jim
Thank you all again!!!
My eyes are definitely glazing over, but this is all very good information.
A little more information that we received:
The timeshare is a 2 bedroom with a loft that sleeps 8 people at French Lick Villas. Her aunt has never paid a special assessment fee and she's owned since 1987. She says her maintenance fee has gone up to cover any renovations or things to the property, but it hasn't gone up much over the years. She also said that she's a Platinum member with RCI and has never had a problem trading for something else. She said if she couldn't get her first choice, she would get her second for sure. Not sure if that helps with our decision, because we don't know where's she's gone. She also said she's never paid anything but the maintenance fees, the RCI yearly fee, and the fee to trade. Again, not sure how much that helps us.
You have all been so very helpful, and we thank you so much for your time!
-Lee
Morning all!
I'm new here and just wanted to understand how timeshares work.
My wife's aunt is wanting to give us her timeshare, located in French Lick, IN. As I understand it, she has a week in May sometime each year. The maintenance fees are around $498 and she's had the timeshare for around 30 years. My wife and I know nothing about timeshares, but understand that you can exchange them through RCI for different weeks during the year at different resorts. Our question is, are timeshares worth it?
We've read conflicting information online about being able to trade the timeshare for other times throughout the year. Does anyone have any advice they would be willing to share? We greatly appreciate it!
We also understand that she would be transferring her RCI membership to use, which is another $99/year.
Thanks for your time,
Lee
I definitely understand that. We all have different vacation preferences that should be considered when determining if a timeshare (and what timeshare) will meet our vacation wants and needs.
Like you, I have a couple of resorts that feel like second homes to me. They are located in areas I have been going to most of my life and greatly enjoy. They are drive-to locations (within 45 minutes to two hours from home). I may only get there every other year, but try to at least go once a year if I can fit them in between exploring other destinations. I never tire of returning, being familiar with what to expect, having the opportunity to be welcomed and visit with the familiar staff, visiting favorite area sites and restaurants, and just feeling relaxed in familiar surroundings. Fortunately, I have been able to have a mix of timeshares that both allow me to exchange to other destinations and to also revisit my favorites without having to exchange.
When owning one timeshare (especially a first timeshare), then it would be more practical to choose what has the best potential to meet current and upcoming vacation needs.