Tahiti Village - Dollars and Sense

[dougp26364 Senior Member Find all posts View Profile Close dougp26364]

We live in Clovis, CA and have a rodeo every year, hardly on the grand scale you are talking about, but fun none the less.
Actually, Vegas and Nevada in general have attractions beyond the obvious.
No one needs to be slave to the 'strip' unless that's a preference.
We have friends who bought into 6 person unit in Carlsbad. Considering the excellent location, $25K is not bad for what they paid. Something like that would likely have been our first choice if we were willing to invest more money.
Patience has it's rewards. We were just calm and did a lot of listening during the 'sell', and not until we heard what fit into our plans did we express an interest.
Our saleslady seemed more interested in our actual lifestyle and how best to tailor it to meet our needs. I am fully retired but my wife still works, so there are definite considerations that have to be taken into account.
I think too often folks either accept or reject an offer without asking enough questions or volunteering enough useful information (and make the sales rep 'work for their money') and have regrets later. Just some food for thought.

You're really going to have to read through the threads here a little more. For $25,000 you should be able to buy 5 or more 2 bedroom unit timeshares unless your looking at the major hotel chains that cover the resale market with right of first refusal (they buy 'em back cheap and resell them at retail prices).

Developer pricing is almost always twice as high as the resale market and, for many resorts, is closer to 20 times higher than developer pricing.

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

You're really going to have to read through the threads here a little more. For $25,000 you should be able to buy 5 or more 2 bedroom unit timeshares unless your looking at the major hotel chains that cover the resale market with right of first refusal (they buy 'em back cheap and resell them at retail prices).

Developer pricing is almost always twice as high as the resale market and, for many resorts, is closer to 20 times higher than developer pricing.

I appreciate the information and am certainly open to different options. I admit we are still novices in this area and with a relatively modest investment are learning more everyday as how best to benefit.
Since I did not buy into the Carlsbad property I don't know all the details of that specific transaction but find your info illuminating nonetheless.

[dougp26364 Senior Member Find all posts View Profile Close dougp26364]

I appreciate the information and am certainly open to different options. I admit we are still novices in this area and with a relatively modest investment are learning more everyday as how best to benefit.
Since I did not buy into the Carlsbad property I don't know all the details of that specific transaction but find your info illuminating nonetheless.

I think almost everyone on here purchased from the developer first and then found this site. But once here everyone learns about the resale market.

Timeshares are not real estate in the tradtitional sence. If they have to be compared to something, compare them to buying a new car. Once you buy them from the dealer they're only worth a fraction of the cost.

Someone else on these forums has pointed out that there is no such thing as a "new" timeshare. They are all used or lived in.

There are very few advantages of buying directly from the developer other than paying to much. Sometimes the timeshare is just to new to be found on the resale market. Sometimes it's unit selection or view selection. A few developers like Diamond Resorts International force you to buy at least a little something from them to include any resale purchases into their internal exchange system of all the resorts in their collection.

With Consolidated, who is the developer of Tahiti Village, there is no difference that I've seen between buying from another owner (resale) or buying directly from the developer.

Don't worry about what you've paid for this timeshare as the deed is already done. Learn how to use it and get the most out of it. But before you decide to buy another timeshare I'd stick around here and learn some of the in's and out's of how to use your timeshare and maybe how to pick up a couple of more timeshares for a fraction of what you paid for the first one.

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

With Consolidated, who is the developer of Tahiti Village, there is no difference that I've seen between buying from another owner (resale) or buying directly from the developer.

Sorry, Doug. I missed your point with this statement. Are you talking about in terms of value there is no difference?

Actually, the share we bought into at TV is 'new construction' (Phase 2) to be completed in '09, but will be able to 'use' a unit in Phase 1 until it's complete.