HGVC - Is my understanding correct?

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Original Message:

Re: HGVC - Is my understanding correct? (by Lance C.):

Units selling for $1 (or more specifically, being listed for $1) are not necessarily a scam. In addition to the PCC's that Ken mentioned above, many owners are trying to dump their units just to avoid paying maintenance fees and the accompanying costs of traveling to the timeshare.

Now you can pick up a unit for $1 cleanly and legally. Just be prepared to pay out a lot of money in maintenance fees each year. Your best bet would be to examine your personal travel needs and circumstances and then decide if owning a timeshare is in your personal best interests.

And again, $1 timeshares are not necessarily scams. There are many happy timeshare owners who bought their units for $1 (or even free) and are thoroughly enjoying what they have.