Someone I know recently dropped $15,000 on a timeshare. I know of another person who has bought multiple timeshares with their student loans. I recently read on Facebook that another person is trying to sell their timeshare for $1, and there aren’t any takers yet.
Sure, I have an open mind and perhaps sometimes timeshares are an okay idea, so I won’t completely discredit them. However, I’ve never met someone who bought a timeshare and was happy with their purchase years down the line.
I’ve only heard horror stories about timeshares.
Due to this, I’ve never really understood the appeal of timeshares.
And I’m not sure I ever will. [Read more…]