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Info on Timeshare companies ?
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Question: I need some background information on a timeshare company in which I am
planning on investing in the (very) near future. Questions relate primarily
to
1) experiences (good/bad/ugly) with the company(s)
2) financial viability of the company
3) is the concept of timesharing a good idea?
The company I am interested in is TrendWest Resorts Inc. (based in WA). The
name of the club that actually owns the timeshare properties is WorldMark
(previously known as Club Esprit).
Answer: you are using a broad brush to paint the entire industry which is
wrong. I don't sell T/S but I do own one and have for years. I paid a fair
price for it and pay a fair annual maintenance. I use it regularly or trade
it for other resorts around the world. It is much better than staying in a
hotel and I like it.
Granted T/S is not for everyone. It is not an investment and must be used
to gain the full value. Granted there are also a lot of ripoff artists out
there and to be avoided, but to contend that they all are is a gross lie and
is wrong!
Comment:
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