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We are considering purchasing our first time share and are looking at Virginia Beach. Banking weeks and doing exchanges sound confusing. I would appreciate hearing about VB timeshare owners experiences when trying to do an exchange and I have several qauestions. Is VB a high demand area? What are your experiences with 2 unit lock outs (1 bedroom, 1 bath in each)? If we purchase a unit in mid-July or in August (before children go back to school), is it likely that we could rent the units? Would we be likely to be able to exchange that week? What is the cost when exchanging? Is it cheaper to rent out a 2 unit lock out (summer week) and look for a rental in another area on our own or to use the exchange program? If we purchased a unit that is not during the summer, say week #10, what would our options be for exchanging? How does banking work? If I had a unit in VB, say for week #10, a 2 unit lock out, when I wanted to use my week (or weeks) would I only be able to use them at a similar time of the year? Could I use two non-peak weeks that have been banked for one peak week somewhere else? If we purchase a non-peak week, (again, say week #10) can I ever exchange it for a peak week? Could I exchange for a peak week and pay extra to sort of "upgrade"? Say I banked a week (or weeks). When I wanted to use them, if I wanted to use them at the resort where I own a timeshare, are there extra fees involved? What if I wanted to use the time I banked in a different area, what kind of fees would I encounter? Is there a fee to bank time? Is it easier to use banked time and to get the trade you want than trying to exchange a week that same year? One last question - is Labor Day week a difficult week to rent in VB, and is it considered a red week when banking?