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Old 11-09-2009, 12:29 PM   #9 (permalink)
cindyo
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Join Date: May 2007
Location: Reniassance Island
Posts: 3,690
Quote:
Originally Posted by aruba here I come View Post
I have been going over the thought to buy some time share in aruba, Just looking for some info that might be helpful. Have been doing some searching but...

1) Where would you purchase/not purchase time share? We own at the Rennaisaance

2) Do you perfer flex/floating/or a set week? and Why? Set week, we know tha airlines, its school vacation for us. We get to travel with the same people and know lots of other travelers at our resort that way.

3) Can they be financed? What is the going rate for financing? how long do they finance for? We paid cash

4) If you do have time share, if you dont use it, hard to rent? or do you just bank it? This site offers lots of options as to renting out. NO, not hard to rent if you get the "right week". you can also join rental places that will do it for you, RCR and intervale. Redweek.com also handles rentals. You state the price.

5) any fees involved in transfer from one owner to another? Fee's involving transfering of weeks for high to high season, and change of week. Varies by location I believe.

6) I see that some are 99yrs (what I would perefer) and 20 years, does that depend on the place or other? Depends on the place...deeded vs not, etc. I don't know the answer to this one..


anything eles you can think of that might be helpful would be great...
thanks in advance!
Check on maint. fees, that varies by location and by what "needs" to get done to the place...ie: new furniture, new ac, etc...impt to know.
Additonal acessments, one time charges, meetings of owners and updates from association, etc...
I am sure others will chime in because I am certainly not an expert.


My answers are in RED...cindy
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Cindyo Family Poolside at the Rennaissance suites April 2010
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