Olcc

[klynn Senior Member Find all posts View Profile Close klynn]

I know I shouldn't buy in Orlando. BUT, if someone I know wants to sell me their 2BR summer week at OLCC for under $1,000.00 should I buy it?

[BocaBum99 Super Moderator Find all posts View Profile Close BocaBum99]

I know I shouldn't buy in Orlando. BUT, if someone I know wants to sell me their 2BR summer week at OLCC for under $1,000.00 should I buy it?

Yes, take it. If you don't, send me the contact info and I will.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

It really just all depends. You might want to buy at that price, and then flip it.

But just to buy and use, even though that is a good price, you can stay there for less than having to pay an initial investment plus their maintenance fee, which is $500-ish.

A thread Over Yonder about how inexpensive it was to stay at OL had some for under $200. We're a tad more than that, but less than an OL annual fee.

If you just have to stay there and want to get around the 1-in-3 rule, then owning is a way to do it.

I searched for someone Over Yonder for next January and 2-bedrooms are already available for then for $494 on Extra Vacations. I search it often and it is the most available Orlando resort and the one that has the most 3-bedroom units available. I have also seen it on Last Call if I am not mistaken.

I also googled this week for OL rentals and got 2.2 million hits. Some of those are for essentailly an annual fee. Again, it is the Orlando resort with the most available rentals on the Interent.

Most people like OL, but those who don't really don't. The major complaints are the mega-size, lack of or inconsistency of customer service, cleanliness of units, and bugs. Some owners seem to very zealous, very protective and very defensive.


http://www.tripadvisor.com/ShowUserR...e_Florida.html

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

That's a lower than market price, good size and good season, but as Jim said the maintenance fee is on the high side and likely to keep increasing. If you buy it, you should be able to make a profit if it doesn't fit you. Buy,buy,buy.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

We've been timesharing for nearly 20 years, but when you can rent or go through Extra Vacations for less than a maintenance fee, it just doesn't make sense to buy, spending that money and obligating yourself to an ongoing commitment.

As the recent past has confirmed, I am not the only owner who has been turned off because of the rentals.

Perhaps the final legacy of the rental problem will not be that people are turned off to the exchange companies, but that they are turned off to owning altogether.

[BocaBum99 Super Moderator Find all posts View Profile Close BocaBum99]

It's amazing to me how two people can see the exact same piece of fruit and conclude completely different things about what that fruit represents. A lemon to one person is just a sour fruit. A lemon to another person is a lemonade stand franchise worth millions.

Rentals may end the exchange companies, but it will be the launching pad of timesharing to the masses.

[BocaBum99 Super Moderator Find all posts View Profile Close BocaBum99]

Klynn,

I wouldn't even think twice about buying that timeshare. It is worth about $3000. I am willing to buy quarters for a dime all day long.

I'll tell you what. To take all the risk off of you, I'll buy it and sell it in a week and split the after tax profit with you sight unseen.

Let me know if you are interested.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

Already said: "You might want to buy at that price, and then flip it."

Klynn,

I'll buy it and sell it in a week and split the after tax profit with you sight unseen.

.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

It's likely just a matter of experience. The older, more experienced person having become disappointed, disillusioned, so that any ownership at all has lost much of it's appeal, unless that ownership really and truly is a great value.

Low purchase price, low annual fee and great trading power.

Anything less just isn't worth the hassle and disappointment any longer.

We certainly would not timeshare if the resort was costing us $1000, $1500, $2000, $3000, or more, per vacation like it is costing many of today's buyers.

I'm sure I'm way out of touch, but I don't suspect that the masses have that kind of money to throw around.

It's amazing to me how two people can see the exact same piece of fruit and conclude completely different things about what that fruit represents. A lemon to one person is just a sour fruit. A lemon to another person is a lemonade stand franchise worth millions.

Rentals may end the exchange companies, but it will be the launching pad of timesharing to the masses.

[riverdees05 Platinum Contributor Find all posts View Profile Close riverdees05]

We purchased from Orange Lake, 5 years ago, week 22, 2 Bedroom, East Village and paid over 10X that amount. I would say that it is a good price.
2006 Maintenance and Taxes were $635.05 for our unit.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

Makes you wonder why a person would sell such a wonderful week/unit/resort.

I would buy it in a NY minute if I was looking for a summer week at one of the most popular resorts in the world.

We once owned a one bedroom October week (the unit was facing Splash Lagoon) at OLCC and it traded like gangbusters into 2 & 3 bedroom units. Some resorts in Orlando wouldn't get these kind of trades but OLCC does.

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

Hard to relax with all those bullets from gangbusters flying by.

Makes you wonder why a person would sell such a wonderful week/unit/resort.

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

We sold all our timeshare weeks when we moved to the mountains of North Carolina. It will take us the rest of our lives to see and do everything there is to do around this area of paradise.
...
BTW, I couldn't stay on an airplane long enough to get to Hawaii anyway (not afraid to fly like some others, but don't like the sardine like seating on airplanes), but we WILL see NYC on a tour one day.

A lifetime for the NC mountains and I day for New York City.
I hear first class is a viable option to tight seating.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

(self-deleted. Didn't have anything to do with OL.)

[suekap Junior Member Find all posts View Profile Close suekap]

You can join RCI even if you don't own a timeshare?