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Original Message:

Re: Timeshares is good investment or not. (by Janet P.):

Sunterra was recently bought out by DRI and I haven't yet seen or heard of any improvements they have made to the properties I own other than to continue the refurb schedule the former owner had put in place. They did however raise the maintenance fee by over $200. They are also actively and annoyingly trying to get weeks owners to convert to points. I haven't been to our resort (Greensprings) since the takeover but I better see improvements for the higher fees when I return this summer. As for an investment, I never bought with that purpose in mind - we loved the destination and bought a great priced resale. The best I hope to do the years we do not use it is to break even.