If it sounds too good to be true, it probably is. Good philosophy and one my hubby sticks to. Ever get one of those phone calls where they tell you that you have won a free vacation? It's usually in the Bahamas. Sounds good but. . .
We had some friends who took the bait. What the "free vacation" caller didn't say was that you had to find your own way down there. When you got there, you were bombarded with sales pitches for the property's time shares, etc. Not terribly relaxing and the travel cost them more than a booked getaway would have through a travel agent.
We have sat through time share talks. If you have time to kill and would like a free dinner or some other perk it's okay. The time shares all start out sounding really good until you do some checking. The fees are a killer and if you can't find renters to fill in between your stays then you are paying a whole lot more for what you are getting. Go online and check out how many are for sale. There's a reason so many are trying to get rid of them.
Now we have some family and friends who have some time shares and have learned to use them really well. It takes a lot of researching, calculating, and smart planning to get your money out of them.
Maybe it's the wanderlust in me but I'd rather go where I want to go, when I want to go, and have the freedom of more choices.
If you're still curious about whether or not a time share is right for you, here's an article from the Federal Trade Commission about looking into buying one.
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