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Marriott Aruba Surf Club - looking for tips to buying a RESALE
I just got back from my 2nd presentation at the Marriott in Aruba for them trying to sell me points. I refused the offer both times due to cost and met several timeshare owners suggesting I buy a RESALE.
I'm looking for as much information as possible regarding the process:
1.What are some things I need to look out for when buying a timeshare?
2. How do I know it's a reputable seller?
3. What does the contract look like? What do I need to be aware of?
4. How long does it take to close? How easy is it to rent?
5. Do I want RTU or Deeded?
Alessandra R.
Last edited by alessandrar6 on Dec 23, 2019 08:01 AM
Consider renting . Once you purchase a timeshare you commit yourself to a lifetime of increasing maintenance fees and assessments until you can unload it to someone else . Read through the forums and you will see stories of people who's lives have changed over the years and now they are straddles with maintenance payments they can no longer afford due to changes in their lives .
You did the right thing by not purchasing at a presentation now take the time to look at the whole picture .
Don P.
We are points owners who paid Marriott's retail price going in about 5 years ago. We went in with eyes open, knowing what the costs were. We are not unhappy with our decision. We have used many of our points to stay at the Aruba Surf Club several times. Beautiful place , very popular. We are considering purchasing more points, but if we do, it will be a resale. We have used points at many other Marriott Vacation Clubs and they are all first class and very well maintained. That's what your maintenance fees are for. If a couple thousand dollars in annual maintenance fees is a worry, it might not be right for you
My advice to you is this: Buying real estate is always a long term decision. It can be a single family home, a condo , or a time share. They are all long term decisions with reasonably high in and out costs. It's a lifestyle choice , not always a "lowest cost vacation " choice. Know the costs, do your homework, and realize it's not easy to get rid of ANY sort of real estate if your life changes.
Jon H.