Hello, I bought a timeshare a couple years ago in Westgate Williamsburg. Like a dumb dumb I didnt do my research before going to one of their torture sessions. Life got in the way as far as getting married and having a kid so we never had a chance to use it until this year. Everything I have read so far tells me that westgate is the devil. So just how screwed am I? Will I still get some enjoyment out of owning? Is it possible at all to unload the timeshare even at a loss?
We bought it with the promise that we could easily exchange it anytime we wanted to go anywhere else. This year will be the first time I try to do that. We bought a 1 bedroom floating week that is good on odd years. We paid it in full and at the time we paid $7500.
Our maint. fees are $586 and they charge $130 for exchanges. Is this even worth it or is that what I would pay just renting a place from someone else anyway? Lesson learned, never buy something without doing some research first.
We bought it with the promise that we could easily exchange it anytime we wanted to go anywhere else. This year will be the first time I try to do that. We bought a 1 bedroom floating week that is good on odd years. We paid it in full and at the time we paid $7500.
Our maint. fees are $586 and they charge $130 for exchanges. Is this even worth it or is that what I would pay just renting a place from someone else anyway? Lesson learned, never buy something without doing some research first.
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