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re: I was offered a timeshare. Should I take it?

Posted on 12/28/24 at 8:54 pm to
Posted by nugget
Abrego Garcia Fan
Member since Dec 2009
15288 posts
Posted on 12/28/24 at 8:54 pm to
We’ve got a timeshare in Bunkie and it’s great. We get to go for 3 nights in August every 2 years and we only have to pay $1000 per year
Posted by Powerman
Member since Jan 2004
164929 posts
Posted on 12/28/24 at 8:58 pm to
quote:

We’ve got a timeshare in Bunkie and it’s great. We get to go for 3 nights in August every 2 years and we only have to pay $1000 per year

Hopefully this is a joke
Posted by Seaux_cal_tiger
Member since Sep 2016
420 posts
Posted on 12/28/24 at 8:58 pm to
lol, nope. BUT she is offering to cover the lawyer’s fee for change of ownership.

We’ll… like I said in the OP, everything I read said stay away but I thought I would take it to the OT experts to confirm!
Posted by kayjay
Baton Rouge
Member since Dec 2007
216 posts
Posted on 12/28/24 at 9:10 pm to
Im glad I don’t have a neighbor like that.
Posted by rgsa
La.
Member since May 2015
2607 posts
Posted on 12/28/24 at 9:11 pm to
No.
Posted by TheWalrus
Land of the Hogs
Member since Dec 2012
44346 posts
Posted on 12/28/24 at 9:11 pm to
My dumbass parents bought this Wyndham shite and my dumbass sister took it over when my dad died. It’s a money trap, your neighbor is hoping to find a sucker, avoid at all costs.
This post was edited on 12/28/24 at 9:13 pm
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2886 posts
Posted on 12/28/24 at 9:12 pm to
I'm not saying folks don't actually enjoy them, but there is a cottage industry designed to help you get out of them.
Posted by FLTech
the A
Member since Sep 2017
21052 posts
Posted on 12/28/24 at 9:14 pm to
No. Absolutely do not take that
Posted by Barrister
Member since Jul 2012
4980 posts
Posted on 12/28/24 at 9:14 pm to
quote:

Stay away. The fine print can br brutal. My advice, if you want something along these lines, is to form an investment group and buy a property. Set your own rules and gain equity


This is the best advice when it comes to considering a timeshare. Ex: get 20 ppl together, each puts up $100k, buy a condo. Put it in a trust. Set rules. Each member gets 5 weeks per year on rotating basis. Rent two high volume weeks ( ie July 4, Memorial Day) to help offset annual costs.


Posted by danilo
Member since Nov 2008
23251 posts
Posted on 12/28/24 at 9:15 pm to
Sure. What can go wrong? LINK
Posted by Huck Finn
Baton Rouge
Member since Jul 2009
2501 posts
Posted on 12/28/24 at 9:18 pm to
Google John Oliver's episode on timeshares.
Is all you need to know
Posted by MemphisGuy
Member since Nov 2023
10638 posts
Posted on 12/28/24 at 9:19 pm to
quote:

I was offered a timeshare. Should I take it?


NO. No. No. Also... NO. And NO. Again, and let me reiterate...

Posted by Rouge
Floston Paradise
Member since Oct 2004
137760 posts
Posted on 12/28/24 at 9:20 pm to
quote:

Seaux_cal_tiger


Your neighbor thinks you're an idiot.
Posted by greenbean
USAF Retired - 31 years
Member since Feb 2019
5706 posts
Posted on 12/28/24 at 9:22 pm to
quote:

She has already paid it off,


Rail her so hard the truth pops out.
Posted by tonydtigr
Beautiful Downtown Glenn Springs,Tx
Member since Nov 2011
5784 posts
Posted on 12/28/24 at 9:23 pm to
Think about it. She's having trouble giving it away. What should that tell you?
Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
28332 posts
Posted on 12/28/24 at 9:30 pm to
People PAY to get out of these (another scam). Don't do it.
Posted by UptownJoeBrown
Baton Rouge
Member since Jul 2024
2229 posts
Posted on 12/28/24 at 9:37 pm to
No. It’s a shiny hook but don’t bite.
Posted by LSU Grad Alabama Fan
369 Cardboard Box Lane
Member since Nov 2019
12918 posts
Posted on 12/28/24 at 9:39 pm to
I always go to the Marriott time share meetings for a cheap vacation. I always pretend to be interested while some attractive woman talks to me for an hour. I never sign and always get offered another trip.
Posted by Powerman
Member since Jan 2004
164929 posts
Posted on 12/28/24 at 9:40 pm to
quote:

Ex: get 20 ppl together, each puts up $100k, buy a condo. Put it in a trust. Set rules. Each member gets 5 weeks per year on rotating basis.

Even this is extremely stupid
Posted by BPTiger
Atlanta
Member since Oct 2011
5747 posts
Posted on 12/28/24 at 9:40 pm to
quote:

when I google it, pretty much every thing I read says stay away


Because pretty much everything I read tells me what I don’t want to hear I am searching elsewhere to see if this will tell me what I want to hear.
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