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  #11 (permalink)  
Old February 14th, 2006, 03:01 AM
rambutan rambutan is offline
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Shawn and others,

When you talk about "red tape" - what do you mean? Closing costs/process and such, or just all the minute details of timeshare homeownership rules, etc? Or something else?

Is there less red tape when renting or buying through TSA?

rambutan
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  #12 (permalink)  
Old February 22nd, 2006, 02:22 PM
mocean
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Talking Red Tape? None Here!

I bought my Key West timeshare from Timeshare Adventures and I didn't encounter any "Red Tape" during the entire transaction. Yes I dealt with there lawyer and had a little paperwork to take care of but it was a very easy purchase. I have also looked into renting my timeshare with Timeshare Adventures and it also looks to be an easy decision to make. My only complaint about timeshares are the sometimes pushy sales people that work for the actual resorts.
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Old February 23rd, 2006, 12:42 AM
rambutan rambutan is offline
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Mocean, thanks for the feedback!

It sounds easier than buying a home, for sure!

I know what you mean about the pushy salespeople - I encountered some myself when I went to my few TS presentations. However, the tasty breakfast buffets sort of made up for it... I guess they have to make their living, too. It probably helps if you go in there armed with the knowledge like what you can get here on this site, and know exactly what you are looking for. That way you won't get coerced into spending more than you want, and can leverage to take your time with the purchase!

rambutan
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  #14 (permalink)  
Old March 16th, 2006, 02:00 PM
1950bing 1950bing is offline
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As with any legal contract, be complete on information. Ask questions and be sure you know what you are signing.
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  #15 (permalink)  
Old March 16th, 2006, 04:10 PM
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TAI_Staff TAI_Staff is offline
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Exclamation Understanding Ownership and Rights

Agreed, 1950bing. One should alway check-out the ownership documents thoroughly before signing. Almost every agreement will have a recision period, which allows the new owner to "back-out" of the ownership agreement. The recision period may differ depending on where the deed/lease is recorded. More often than not, the sales-person at the resort will not mention this part and it is often buried deep in the "mountain" of paperwork a new owner is given when they buy.

At Timeshare Adventures the high pressure sales tactics are absent, so the buyer has time to read and understand what they are buying and they can choose from a large selection of properties with varying rights of usage. Potential buyers can even "test-drive" a particular ownership by renting a unit at a desired resort before deciding to buy!
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