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Re: Maintenance Fees (by R P.):
marks708 wrote:I stayed at a timeshare at Disney (Marriott) a few years ago. I believe that they were asking around 30k for a 2 bedroom unit.
There's not a timeshare on this planet that I would pay 30K for one week's use, but many people will (or used to before the bad economy set in) would drop that kind of money ...... I honestly don't get it.
Many folks taking the bait are well educated people, but buying a timeshare is an emotional mind game when vacationers are off guard and are in a good mood. Many people have never seen a nice resort and are blown away when taking a tour.
From what I gather, most developers will start with a selling price and when the prospective buyer balks they then sweeten the deal by lowering the price or offering some kind of incentive making the buyer think he's getting a good deal.
You definitetly did the right thing by buying resale.