Diamond Resorts International

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Original Message:

Re: Diamond Resorts International (by Robert R.):

The new owners seem better than the old, but I think today all timeshare deals are bad. Go online and look at rentals at the resort and compare to the maintenance fees.

The secondary market will probably get you a second class membership because they all structure the agreements to make such purchases unattractive. But you can buy one for $0.01 plus some fees. Check eBay. One company is selling many Diamond memberships for $1.00 and they have decent feedback from buyers. How does that business model work, unless they are getting money from the owners to offlload these properties?