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Re: We are thinking about a Timeshare Purchase, whats your honest opinion???

The timeshare industry has changed over the years. Years ago I would have said that a timeshare was a good deal but today the corporations have turned it into a money pit of ever increasing maintenance fees and assessments. The point system is a Ponzi scheme where they can change the number of points required at their discretion. Some corporation have even reverted to taking control of the HOA and allowing themselves to raise fees just for profit. An interest in a vacation home in my opinion is better than timeshares and vacation clubs especially if you like a certain destination.