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January 19, 2005

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Scott Raun

OK, you might be a perfect candidate for a vacation timeshare. Get a two or three bedroom condo in Orlando for one or two weeks, and everyone will (probably) enthusiastically come visit you!

2 Bedrooms for 1 week was running about $18,000 when we were doing our catch-and-release timeshare sales pitchs last week. IIRC, around $4000 down, and about $150/month for seven years. (At something like 15% - fortunately, they're all No Prepayment Penalty - go and get financing somewhere at a better rate and just pay off the balance.) I'd bet the three bedrooms are not $27,000, but something less.

And if you'd like, you can trade the weeks for time elsewhere - something like 2000 different resorts world-wide. So you could trade Orlando time for European time and get the (IIRC) German relatives to join you at some posh resort there.

A New York City Math Teacher

Uh, maybe it was the weekend at a friend's timeshare cottage at the Tamiment shudder (oh, look! The Tamiment still exists!) - but I have never been fond of the idea of the timeshare. It's expensive, but not too expensive, up front for a permanent investment in a highly illiquid form of vacation property. So, I guess, what is the net present value of, I dunno, ten annual vacations at the slightly funky smelling house (and they are *all* slightly funky smelling) in lot A5 off in Pine Tree Reservation?

I picked ten because I figure ten summers to the same place, along with the hassle of rescheduling or swapping four or five times either for another timeshare in a posh European destination or for another week at fabulous A5 in June instead of August would be ten summers enough.

Do you know how hard it is to *sell* a timeshare?

But what do I know? Maybe I'm spoiled because of the beachhouse?

Nah.

Traveller

Dearest Claudia:

I know that you may not see it this way...but this was "Fearless Writing," both xpat posts, and fearless writing should never go unappreciated.

Nice stuff...thanks

Gotta run, but Best wishes,

Traveller

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